US stock futures edged higher on Friday after snapping a recent losing streak, as signs of cooling inflation and waning AI worries buoyed Wall Street optimism toward the tail end of a topsy-turvy week. S&P 500 futures (ES=F) put on 0.1%, and contracts on the Nasdaq 100 (NQ=F) gained roughly 0.2%, looking to build on Thursday's roaring rally. Meanwhile, Dow Jones Industrial Average futures (YM=F) clung to the flatline. Investors have gotten through a catch-up week for economic data with next year's rate- ...

us CPI. Photo by BeInCrypto US inflation slowed more than expected in November, delivering a clear downside surprise that could reshape near-term market and Federal Reserve expectations. According to fresh data released on December 18, the headline Consumer Price Index (CPI) rose 2.7% year over year, well below market expectations of 3.1%. Meanwhile, core CPI, which excludes food and energy, increased 2.6% year over year, also missing forecasts of 3.0%. The data marks a notable deceleration in price pres ...

The Dow Jones Industrial Average plunged more than 300 points, or 0.7%, Tuesday as fears over an AI bubble shook the market and traders fretted that rate cuts from the Federal Reserve aren’t a sure thing.The S&P 500 had dipped 0.3% while the tech-heavy Nasdaq had fallen 0.6% as of about 1:15 p.m. ET as investors panicked over whether AI firms have been overvalued – extending a rocky tech rout into its third week.Shares in Nvidia fell 1.5%. The chipmaker is reporting its third-quarter results on Wednesday, t ...