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Market Jitters as Cooling GDP Meets Hotter Inflation

US stock futures slipped on Friday as investors weighed a mixed batch of economic signals. Fresh data showed that US GDP growth cooled in the fourth quarter, while the Federal Reserve’s preferred inflation gauge—the core PCE index—picked up momentum, raising questions about the path of interest rates.
Futures tied to the Nasdaq 100 and S&P 500 dipped about 0.3%, while Dow Jones Industrial Average futures fell 0.2%, breaking a three‑day winning streak. Traders also kept a close eye on geopolitical tensions involving the US and Iran, as well as a potential Supreme Court decision on tariffs that could sway market sentiment.
The combination of slowing growth and rising inflation has left markets cautious. Investors are now looking ahead to upcoming economic releases for clearer direction on how the Fed may respond in the months ahead.
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