5 Things to Know Before the Stock Market Opens Friday

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stock futures were mixed as investors await Friday’s before-the-bell release of a key inflation report.

the stock to sell from neutral and cut the price target to $186 per share from $265. Netflix closed nearly 5% lower on Thursday at almost $193 per shares.Nicholas Kamm | AFP | Getty ImagesMay's consumer price index

to show an 8.3% year-over-year increase, the same as April. Year-over-year inflation reached a high of 8.5% in March. The Federal Reserve is expected to raise interest rates by a half-point next week and another half-point in July. But after that, the pace to fight four-decade high inflation is less clear.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in BUSİNESS

Business Business Latest News, Business Business Headlines