Futures Edge Lower Ahead of Inflation/CPI Data

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U.S. stock futures are slightly lower Friday morning as we await December’s inflation data and consumer price index set to be released at 8:30am EST.

Stocks have rebounded nicely since the turn of the year as the S&P 500 is now 10% higher compared to December’s lows while the $QQQ’s are up 12%.

Other headlines:

  • Netflix ($NFLX) shares are surging higher on analyst upgrades ahead of earnings on January 17th
  • British Pound climbs higher on likely delayed Brexit deal
  • Apple ($AAPL) announced it will showcase 3 new iPhone’s in the fall
  • Airline stocks edge lower after American ($AAL) outlook disappoints

 



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