Posted 1/11/2024, 10:12:00 AM
Stocks Rise Ahead of Crucial Inflation Data That Could Sway Fed Rate Moves
- Crucial U.S. inflation data for December coming up, which could impact Fed interest rate decisions later in 2024
- U.S. stock futures edge higher ahead of inflation data; Nvidia and Meta shares touch new highs
- SEC approves first spot Bitcoin exchange-traded funds, seen as landmark for crypto industry
- Google laying off hundreds across multiple teams to cut costs and boost AI focus
- Oil rebounds as attacks persist on shipping through Red Sea, offsetting bearish U.S. inventory data