US futures muted as investors brace for inflation update

From Yahoo Finance:

US stock futures remained steady after closing at record highs last week, as investors await an inflation update. New data will test the recent rally following Nvidia’s results. The market will focus on Thursday’s PCE index reading to gauge potential rate cuts. Berkshire Hathaway closed in on a $1 trillion market value after posting a record profit for the second year. Domino’s Pizza shares surged in premarket trading. In his annual letter, Warren Buffett highlighted the company’s resilience and the role of Charlie Munger in its success, offering valuable investing wisdom for the current market climate. Buffett emphasized the need to invest in businesses with enduring good economics and avoid risking permanent loss of capital. The market continues to exhibit casino-like behavior, but Berkshire remains prepared for economic uncertainty.



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