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Home » US STOCKS-S&P 500 set to open above 5,000 mark after revised inflation data

US STOCKS-S&P 500 set to open above 5,000 mark after revised inflation data

    The benchmark S&P 500 was set to open firmly above the 5,000 mark on Friday after data pointed to minimal revisions in last year's inflation figures, supporting expectations that the U.S. Federal Reserve will cut interest rates this year. The S&P 500 surpassed the 5,000 mark on an intra-day basis for the first time on Thursday, but closed just shy of the level.

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