Jim Cramer's top 10 things to watch in the market Friday: Inflation, natural gas plunge, Tesla
U.S. stock futures are up and down Friday in a volatile premarket after a hotter-than-expected inflation reading.
JaneWalter
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My top 10 things to watch Friday, Dec. 23, 2022
1. U.S. stock futures are up and down Friday in a volatile premarket after a hotter-than-expected inflation reading. Wall Street on Thursday broke a two-session winning streak in a big way. December is traditionally a strong time for the market, but stocks are down for the month.
2. The Fed's favorite inflation gauge — the core personal consumption expenditures price index — showed a 4.7% year-over-year advance in November versus 4.6% expected. Remember, wage deflation and pulling consumer purse strings tighter are goals of the central bank. No commodity matters.
