US Stock Futures Muted Ahead of Inflation Update
Investors await key inflation data this week, with the PCE index reading on Thursday poised to influence Federal Reserve's rate decision.
- US stock futures took a pause after reaching record highs, as investors brace for an upcoming inflation update.
- New inflation data, including Thursday's PCE index reading, could test the recent rally in stocks.
- Berkshire Hathaway nears $1 trillion market value after posting record annual profit.
- Global stock markets show mixed reactions, with Asian shares mostly declining and Tokyo hitting a record high.
- Wall Street pulls back from record levels, with investors closely watching for inflation and economic data.
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