U.S. stock futures were mixed as investors await Friday’s before-the-bell release of a key inflation report.
the stock to sell from neutral and cut the price target to $186 per share from $265. Netflix closed nearly 5% lower on Thursday at almost $193 per shares.Nicholas Kamm | AFP | Getty ImagesMay's consumer price index
to show an 8.3% year-over-year increase, the same as April. Year-over-year inflation reached a high of 8.5% in March. The Federal Reserve is expected to raise interest rates by a half-point next week and another half-point in July. But after that, the pace to fight four-decade high inflation is less clear.
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