Financial market

Podcast: Financial Markets Overview – Friday, February 11

By Geraldine A. Basaldua

US stock futures are pointing to a lower open at 5:00 a.m. ET. European stock markets are under pressure following widespread weakness in Asia. Markets are pricing in a more aggressive Fed rate hike cycle after yesterday’s CPI report and comments from St. Louis Fed Chairman Bullard. ECB President Lagarde warned against overreacting to high inflation.

Companies cited: Comcast (NASDAQ:), Stanley Black & Decker (NYSE:), Zillow Group

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Geraldine A. Basaldua
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