US down premarket following inflation report

(Source: baha news)
UNSPLASH/CHENYU GUAN

Wall Street traded with slight losses in the premarket on Thursday after the latest inflation figures showed a small increase compared to the previous month. Annual inflation now stands at 2.7%, up from October's 2.6%. Reports on producer prices and initial jobless claims will be released before the opening bell, while Broadcom and Costco will be among the companies publishing their quarterly earnings reports after the trading session ends.

The Dow Jones lost 0.19% at 4:24 am ET, the Nasdaq 100 fell by 0.20% and the S&P 500 decreased by 0.15%.

The euro traded 0.22% higher against the dollar and sold for 1.05158 at 4:25 am ET.

Baha Breaking News (BBN) / DJ

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