Stagflation Fears Just Hit Wall Street. Now for the Next Crucial Report on Prices
Before The Bell
Apr 26, 2024
The Fed's preferred measure of inflation is out today and the stakes are high for Wall Street. Plus, Janet Yellen says the US economy is not overheated.
US stock futures are pointing to a rebound from Thursday's selloff. In Europe, markets are moving higher, also shrugging off the fall on Wall Street. Most Asian indexes closed with gains, as Hong Kong stocks enjoyed their best week in years.