Wall Street Gains Ahead of Inflation Report

Wall Street showed gains in the premarket on Friday, with investors and the Federal Reserve closely awaiting 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.

Trump to Meet with Ukrainian President Zelensky

Later in the day, President Donald Trump is scheduled to meet with Ukrainian President Volodymyr Zelensky at the White House. Discussions will cover the ongoing conflict with Russia and a minerals deal currently being negotiated between the US and Kiev.

Market Indices Show Positive Movement

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 at 1.04026.