"Inflation Data Looms as Stocks Slip and Bitcoin Soars Past $60,000"

US stocks slipped ahead of a key inflation report, with the Dow Jones Industrial Average falling less than 0.1% and the S&P 500 about 0.2%, while the Nasdaq Composite sagged almost 0.6%. Bitcoin soared past $63,000, nearing a fresh all-time high, and Beyond Meat's stock surged more than 30% after the plant-based meat company laid out its turnaround plan. Paramount Global reported mixed fourth quarter results, with streaming losses peaking in 2022 and linear ad revenue continuing to decline. Additionally, the Russell 2000 benefited from theme trades, and First Solar's stock jumped on an earnings beat and strong demand.