Wall Street Gains Premarket

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

Key Economic Indicators

At 4:23 am ET, the Dow Jones 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 at 1.04026.

Political Developments

Later in the day, President Donald Trump is scheduled to meet with 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 Ukraine.