Published on 28 Mar 2024 on Benzinga
Following Wednesday’s late surge that pushed the S&P 500 Index to a record high, the market sentiment has shifted to cautious. Stock futures on Thursday indicate a flat open on Thursday as traders likely seek to lock in profits before Friday’s release of the key personal consumption expenditure (PCE) data, the Federal Reserve’s preferred inflation gauge. However, it’s important to note the market is closed on Friday due to the Good Friday holiday.
Cues From Previous Session