In an aerial view, Chevrolet cars and trucks are on display at Novato Chevrolet on Jan. 28, 2025 in Novato, California.
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My top 10 things to watch Friday, March 28
1. Wall Street was headed for a lower open, with weekly gains as of Thursday’s close in jeopardy. Tariff uncertainty is sitting on the market as the Fed’s preferred inflation gauge came in hotter than expected.
2. The core personal consumption expenditures (PCE) price index rose 2.8% year over year — above the expected 2.7% gain. Meanwhile, consumer spending posted a smaller-than-expected increase.
3. The debacle that is CoreWeave: Does it signal the end of the data center theme (for now)? The IPO was priced at $40 per share, below the expected range. Debuts on the Nasdaq today. Club name Nvidia is a big shareholder.
