(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Bristol-Myers Squibb ( BMY ) gains after FDA approves schizophrenia drug * Costco Wholesale ( COST ) slips after Q4 revenue misses estimates * Futures off: Dow 0.05%, S&P 500 0.12%, Nasdaq 0.26% (Updated at 6:58 a.m. ET/1058 GMT)...

Sept 27 (Reuters) - U.S. stock index futures moved higher on Friday after an inflation reading supported the narrative of moderating inflation in the economy. The Personal Consumption Expenditure (PCE) index, the Fed's preferred inflation measure, rose 2.2% in August on an annual basis, compared with estimates of 2.3%, as per economists polled by Reuters. On a monthly basis, it...

06:56 AM EDT, 09/27/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Friday's opening bell. Tesla (TSLA) advanced by 0.7% in pre-bell hours, swinnging from a 1.1% decline at Thursday's close. Alibaba Group Holding ( BABA ) was up 1% premarket, following a 10.1% increase from the previous session. AST SpaceMobile (...

NEW YORK, Sept 27 (Reuters) - U.S. Treasury yields extended their decline on Friday after data showed inflation in the world's largest economy continued to ease, boosting the chances of an outsized interest rate cut at the November meeting. The benchmark 10-year yield fell 2.9 basis points (bps) to 3.76%, while the two-year yield slid 2.9 bps to 3.596%. Data...