Wall Street Shows Positive Trends in Premarket

Wall Street experienced gains in the premarket on Friday, as investors and the Federal Reserve eagerly awaited the January PCE inflation report. Analysts predict a slight decrease in the index from December's 2.6%, offering some relief to Fed officials concerned about the slow disinflationary process.

Key Meetings and Economic Deals

Later in the day, a significant meeting is scheduled between United States President Donald Trump and Ukrainian President Volodymyr Zelensky at the White House. Discussions will focus on the ongoing conflict with Russia and the minerals deal currently being negotiated between the US and Kiev.

Market Performance

By 4:23 am ET, the Dow Jones had added 0.23%, the Nasdaq 100 rose by 0.36%, and the S&P 500 grew by 0.34%. Meanwhile, the euro traded flat against the dollar, standing at 1.04026 at the same time.