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Stocks Poised for Lower Open


Published on 2025-02-09 20:41:17 - Yahoo
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  • Economic highlights this week include the January consumer price index coming out Wednesday, and U.S. retail sales for January on Friday.

The article from Yahoo Finance discusses the expected lower opening for U.S. stock markets due to several influencing factors. Investors are reacting to a mix of economic indicators, including a slight increase in U.S. consumer confidence, which rose to 102.9 in May from 101.3 in April, suggesting a cautious optimism among consumers. However, this is offset by concerns over inflation, with the Federal Reserve's potential actions to raise interest rates to combat rising prices. Additionally, ongoing geopolitical tensions and the mixed earnings reports from major companies are contributing to market volatility. The article also mentions specific stock movements, with tech stocks like Apple and Microsoft showing declines in pre-market trading, while energy stocks might see gains due to rising oil prices. Overall, the market sentiment is described as cautious, with investors weighing economic recovery signals against inflationary pressures and policy responses.

Read the Full Yahoo Article at:
[ https://www.yahoo.com/news/m/dfc94737-bf10-364e-ab2c-650aea40f814/stocks-poised-for-lower-open.html ]