U.S. stock futures moved higher on Friday morning ahead of the release of the crucial Core Personal Consumption Expenditures (PCE) price index data for August. Futures on the Nasdaq 100 (NDX) were up 0.07%, while futures tied to the Dow Jones Industrial Average (DJIA) and the S&P 500 Index (SPX) rose 0.23% and 0.13%, respectively, at 8.18 a.m. EST on September 26.
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The PCE price index is the Federal Reserve’s preferred inflation measure and is expected to reflect a rise in August inflation. Meanwhile, investors are also focused on artificial intelligence (AI) stocks, such as Oracle (ORCL) and Meta Platforms (META), which closed lower on Thursday over valuation concerns. Furthermore, President Trump’s latest tariff moves are also expected to weigh on market sentiment today.
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