Stock futures are stable as investors await key economic data, including the PCE report and personal income figures. OpenAI employees are given the chance to sell stock, and the box office is experiencing a surge with major releases.
Stock futures remain unchanged as investors await the release of the PCE data. The Federal Reserve's preferred inflation gauge, due at 10 a.m. ET, will be accompanied by new personal income and consumer spending data. Additionally, OpenAI employees have the opportunity to sell shares through a tender offer until December 24th, following the startup's recent $6.6 billion funding round.
Meanwhile, Constellation's beer imports from Mexico could face a 16% cost increase due to Trump's proposed 25% tariff Mexico tariff policy. The box office is bustling with 'Moana 2', 'Wicked', and 'Gladiator II', with 'Moana 2' expected to earn between $120 million and $150 million in its debut
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