Beyond earnings, investors remain concerned about slowing global growth, rising inflation and the Federal Reserve's monetary tightening.in the first quarter by 1.4% from the previous year, compared to the 1% growth expected by economists surveyed by Dow Jones.
On Friday investors will look for fresh data on personal consumption expenditures . Core PCE is the Federal Reserve's primary inflation gauge. The University of Michigan's consumer sentiment index is also due out at 10 am ET. Friday will bring a quieter day of earnings to end the week. Honeywell, Bristol-Myers Squibb are on deck before the bell. Energy companies Exxon Mobil, Chevron and Phillips 66 will also report.
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What to Watch Today: Nasdaq Futures Soar as Stocks Look to Get Back on TrackNasdaq futures bounced nearly 2% on Thursday. Dow and S&P 500 futures were also higher. Thanks. The richest 10% of the population that owns 89% of all stock will be thrilled.
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