Wall Street slightly higher in premarket after inflation report - Breaking The News
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Wall Street slightly higher in premarket after inflation report

EPA-EFE/JUSTIN LANE

Major US equity indexes traded higher on Friday's premarket session, a day after the release of the Federal Reserve's favorite inflation gauge.

During yesterday's session, it was learned that Personal Consumption Expenditures (PCE) in the United States rose 0.2% in January from the previous month, while the core PCE Price Index saw a higher increase of 0.4% on a monthly basis.

The Dow Jones was flat at 4:23 am ET, while the Nasdaq 100 added 0.33%, and the S&P 500 rose 0.14%. On the currency front, the euro was also flat against the dollar, selling for $1.08132.

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