Posted 3/14/2024, 9:57:00 AM
Stocks Rise Ahead of Inflation Data; TikTok Faces Renewed Pressure to Sell as House Seeks Ban
- PPI inflation data being released today ahead of next week's Fed meeting
- Stock futures edge higher ahead of PPI data and other economic releases
- TikTok faces renewed political pressure in US with House passing bill to ban app unless sold by ByteDance within 6 months
- Apple supplier Foxconn posts strong profits and optimistic 2024 revenue outlook
- Oil prices near 4-month highs after large draw in US crude inventories points to tightening supplies
