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Zombie Stocks Defy Bankruptcy Logic as Meme Traders Bid Them Up

Investing.com

U.S. Futures Edge Higher; Inflation Data Puts Fed Meeting Into Focus

U.S. stocks are seen opening marginally higher Friday, remaining near record levels, with investors seemingly unconcerned about soaring inflation ahead of next week’s Federal Reserve meeting. At 7:05 AM ET (1205 GMT), the Dow Futures contract was up 95 points, or 0.3%, S&P 500 Futures traded 8 points, or 0.2%, higher, and Nasdaq 100 Futures climbed 30 points, or 0.2%. The three major indices closed higher Thursday, with the broad-based S&P 500 ending 0.5% higher, hitting a new record during regular trading, the blue-chip Dow Jones Industrial Average gained 0.1% and the tech-heavy Nasdaq Composite closed 0.8% higher.

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