European Stocks Close Higher On Encouraging Economic Data finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Dollar falls mildly in early US trading hours, following the release of core PCE inflation data which indicated a slightly sharper than expected slowdown. However, this weakness in Dollar is somewhat counterbalanced by unexpectedly robust growth in consumer spending. Despite these movements, Dollar remains within its established trading range, with a decisive breakout yet to occur.
The major U.S. index futures are currently pointing to a modestly lower open on Friday, with stocks likely to give back ground after trending higher over the past several sessions.
The major U.S. index futures are currently pointing to a modestly lower open on Friday, with stocks likely to give back ground after trending higher over the past several sessions.