China (SHCOMP) +0.01%. China’s economy remains deflationary as consumer prices fall for third straight month in December. China trade surplus larger than estimated amid robust exports. Investors now look ahead to Chinese GDP figures next week for further guidance. Heads up for the US holiday on Monday January 15 – markets closed. U.S. stock futures eased on Friday as investors look ahead to the latest producer inflation data: Dow -0.05%; S&P 500 -0.11%; Nasdaq -0.06%. Investors now look ahead to Friday’s producer price index report, as well as earnings reports from major banks including JPMorgan Chase, Citigroup, Bank of America and Wells Fargo.
Published Date: 2024-01-12
Source: Seeking Alpha
Categories: Business, Investing, Stocks and Bonds, Society, Government, Finance, Guides, Exchanges
