Stock futures remained unchanged Wednesday as investors waited for the latest personal consumption expenditures price index (PCE), a key inflation measure. New personal income and consumer spending data, along with remarks from Federal Reserve Chair Jerome Powell, are expected. OpenAI announced a share sale offer to its employees, following a recent $6.6 billion funding round. Trump's proposed 25% tariff imports tariff from Mexico could raise Constellation's costs, impacting 86% of its sales. The box office looks forward to the release of 'Moana 2,' 'Wicked,' and 'Gladiator II'.
Stock futures remained stable Wednesday morning as investors awaited the release of the personal consumption expenditures price index (PCE), a key inflation indicator. The report is expected at 10 a.m. ET, along with new personal income and consumer spending data. Additionally, the U.S. Federal Reserve Chair Jerome Powell is scheduled to speak, providing insights into future interest rate policies based on recent economic trends.
OpenAI, the artificial intelligence startup, is offering its employees the opportunity to sell shares, following a $6.6 billion financing round in October. Trump's proposed 25% tariff Mexico tariff import tariff would significantly increase Constellation's costs, affecting 86% of its sales in the first half of the fiscal year. Meanwhile, the box office is expected to benefit from the simultaneous release of 'Moana 2,' 'Wicked,' and 'Gladiator II.
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