Reported 11 months ago
US stocks were relatively unchanged on Thursday as investors awaited a crucial inflation reading that could impact Federal Reserve policy. The S&P 500 and Dow Jones Industrial Average inched up, while the Nasdaq Composite led gains. Chipmaker Micron's stock slid over 7%, dragging down tech stocks. Investors were analyzing economic data released, including jobless claims and GDP figures. The upcoming PCE inflation print is expected to show a modest rise, with core PCE inflation forecasted to increase 2.6% annually.
Source: YAHOO