08:22 AM EDT, 08/30/2024 (MT Newswires) -- US equity futures were higher Friday premarket as traders braced for the Federal Reserve's preferred measure of inflation. The Dow Jones Industrial Average futures increased 0.2%, S&P 500 futures rose 0.5%, and Nasdaq futures were up 0.8%. Oil prices were little changed, with front-month global benchmark North Sea Brent crude hovering near the...

After three consecutive months of decline, the Federal Reserve’s preferred measure of inflation held steady in July, although it came in slightly below market forecasts. The Personal Consumption Expenditures (PCE) Price Index increased by 2.5% in July 2024 compared to the same period last year, according to government data released Friday. Alongside this inflation data, both personal spending and spending...

08:17 AM EDT, 08/30/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.5% and the actively traded Invesco QQQ Trust (QQQ) was 0.9% higher in Friday's premarket activity, as investors hope for positive signs of a potential Federal Reserve interest rate cut from the upcoming personal consumption expenditure price index....

(Reuters) - Intel's ( INTC ) shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor enthusiasm after one of the stock's worst slumps in decades. The company is working with investment bankers and considering various options such as separating...