From Yahoo Finance.: 2024-06-26 00:34:00

– Traders proceed with caution ahead of U.S. inflation report and Fed’s hawkish comments
– Economists predict U.S. inflation to slow to 2.6% in May, lowest in over three years
– Markets await the release of U.S. personal consumption expenditures price index on Friday
– Fed officials stress patience in rate-cut decisions, dampening expectations of multiple cuts
– European markets expected to open higher due to tech stock rally after Nvidia’s bounce
– Asian tech shares rise, Nikkei hits 2-month high, yen hovers near intervention level
– Deliveroo in focus as Doordash shows interest in takeover, corporate news to watch
– Key economic events: French consumer confidence for June, Swedish PPI data for May



Read more at Yahoo Finance.: Cautious markets keep tech enthusiasm in check