Premarket Gains on Wall Street

Wall Street witnessed gains in the premarket trading session this Friday, as investors and the Federal Reserve eagerly awaited the release of the January PCE inflation report. Analysts predict a slight decrease in the index from December's 2.6%, potentially offering some solace to Fed officials concerned about the slow pace of disinflation.

Key Economic Indicators

By 4:23 am ET, the Dow Jones had increased by 0.23%, the Nasdaq 100 by 0.36%, and the S&P 500 by 0.34%. Meanwhile, the euro remained stable against the dollar, trading at 1.04026.

Political Developments

Later in the day, U.S. President Donald Trump is scheduled to meet with Ukrainian President Volodymyr Zelensky at the White House. Their discussions are expected to cover the ongoing conflict with Russia and a significant minerals deal currently being negotiated between the U.S. and Ukraine.