Wall Street Gains Premarket

Wall Street experienced gains in the premarket trading session on Friday. Investors and the Federal Reserve are closely watching the upcoming January PCE inflation report. Analysts predict a slight decrease in the index from December's 2.6%, potentially easing concerns over the slow disinflationary process among Fed officials.

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 at the same time.

Upcoming Political Meetings

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 are expected to cover the ongoing conflict with Russia and a potential minerals deal between the US and Ukraine.