Tech earnings could come to the market's rescue as traders remain jittery about the outcome of key inflation data due on Friday. AI giantsAlphabet, Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) andMicrosoft Corp.(NASDAQ:MSFT) set a positive tone for tech companies with strong performances in the first quarter.
However, the focus will likely shift to the annual inflation rate, as measured by the Personal Consumption Expenditures Price Index (PCE), the Federal Reserve's preferred gauge. This data, released as part of the personal income and spending report at 8:30 am ET, could provide a double boost to the market...
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