US Stocks Set For A Mixed Start Following Higher Inflation Print: Expert Says Earnings Remain Strong Despite Uncertainty
1. January inflation rose to 3% year-over-year, hotter than expectations. 2. Investors await upcoming producer price index data that may impact Fed policy. 3. Mixed premarket trading reflects uncertainty from CPI data and yields. 4. Wall Street prepares for earnings reports from major companies on Thursday. 5. Traders expect continued caution from the Fed amid strong consumer spending.