Wall Street Set for Mixed Open as Traders Eye Data, Fed Speeches; Coinbase Surges on Earnings Beat
• Futures pointed to a mixed open on Wall Street after gains in the prior session; traders eyeing consumer sentiment data, speeches by Fed officials • Coinbase shares surged in premarket trading after reporting better-than-expected Q4 earnings thanks to a jump in crypto trading activity • Jeff Bezos sold another $2 billion in Amazon shares, bringing total sales this month to around $6 billion • Nike reportedly planning to lay off about 2% of its workforce, or over 1,600 employees, as part of a broader cost-cutting effort • Oil prices edged lower amid persistent demand concerns, but crude set for weekly gains after volatile trading; producer price inflation data in focus