Stock futures mixed ahead of key PCE inflation data: Stock market news today

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Dow futures rose 120 points, buoyed by Salesforce gains, amid muted trading on the other gauges with the Fed's preferred inflation data on deck.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingSTORY: U.S. Commerce Secretary Gina Raimondo finished her four-day visit to China on an upbeat note Wednesday .But she did warn more needed to be done to reassure U.S. companies wanting to invest in China."U.S.

She pointed towards fines, raids and other actions that made it risky to do business in the country.On Wednesday, Chinese Foreign Ministry spokesperson, Wang Wenbin cited Premier Li Qiang.Saying mutual respect and peaceful coexistence were the correct ways for China and the U.S. to get along.Companies have been at the center of a power struggle between China and the U.S. for years. China has criticized U.S. efforts to block China's access to advanced semiconductors through export controls.

 

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Stock market today: Global shares trade higher ahead of US updates on inflation and hiringBEIJING (AP) — Global stock markets were mostly higher Thursday ahead of updates on United States inflation and hiring that traders hope will persuade the Federal Reserve no more interest rate hikes are needed. London, Tokyo and Paris advanced. Shanghai declined. Oil prices rose. Wall Street futures were higher after the U.S. government cut its estimate of economic growth for the second quarter to a still-robust level. The U.S. government was due to issue an inflation update Thursday in a report
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