Stocks Mostly Up Pre-Bell as Traders Digest Latest Inflation Data
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US stock indexes mostly rose pre-bell as traders assessed the latest inflation data. The S&P 500 and Nasdaq saw gains, while the Dow was slightly down. Consumer prices rose less than expected, and core inflation hit its lowest since early 2021. The Federal Reserve is likely to hold rates steady in January. Treasury yields increased, and key economic reports are due. Nike shares fell 10% due to weak China outlook, while Trump Media surged 1.2% after a merger announcement. Oil prices rose, gold slipped, and bitcoin climbed.
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