"Market Volatility: US Inflation Surges, Impact on Dollar and Yields"

TL;DR Summary
US stock futures fluctuated as December inflation exceeded expectations, prompting concerns about the Federal Reserve's interest rate strategy. Crypto stocks surged after the SEC approved US spot bitcoin ETFs, with Bitcoin and Ether prices rising. Citigroup announced it will take over $3 billion in one-time reserves and expenses in its quarterly financial update.
- Stock market news today: US futures seesaw as inflation jumps more than expected Yahoo Finance
- Thursday's inflation report could challenge the market outlook for big Fed rate cuts CNBC
- Inflation increases more than expected in December Yahoo Finance
- US CPI Report December 2023: Live News on Inflation, Consumer Price Index Bloomberg
- US Dollar, Yields Mixed Before US CPI, Setups on EUR/USD, GBP/USD, Nasdaq 100 DailyFX
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