Stocks Edge Down Ahead Of Key Inflation Reports, Crude Hits 5-Month High, Bitcoin Sinks: What's Driving Markets Monday? - Baker Hughes (NASDAQ:BKR)
- Stock futures rose on Monday evening, as investors prepared for inflation readings due this week, with Dow Jones futures gaining 113 points, or about 0.2%.
- The Producer Price Index for December showed a 0.2% increase, lower than the expected 0.4%, affecting market reactions ahead of the Consumer Price Index report.
- The SEC filed a lawsuit against Elon Musk for allegedly violating securities law by acquiring Twitter shares at artificially low prices, potentially underpaying by at least $150 million.
- Fourth-Quarter earnings season begins this week, with major financial firms like JPMorgan Chase and Wells Fargo set to report results before Wednesday's opening bell.
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