Stocks Set to Open Lower Amid Fed Fears, U.S. Inflation Data and Big Bank Earnings Awaited

In Friday’s trading session, Wall Street’s major equity averages ended in the green, with the S&P 500 notching a new record high. Shares of data storage companies rallied, with Sandisk (SNDK) surging over +12% to lead gainers in the S&P 500 and Seagate Technology Holdings (STX) rising more than +6%. Also, most chip stocks advanced, led by a more than +10% jump in Intel (INTC) after President Trump said the U.S. government was “proud to be a Shareholder of Intel” in a Truth Social post following a meeting wi ...