Wall Street's major averages pared some losses on Friday as the inflation gauge came in-line, while investors awaited any more news related to President Trump's tariffs. Early on and the S&P 500 (SP500) was -0.

The core personal consumption expenditures index, which strips away food and energy prices, rose 0.1% for the month and 2.5% for the year.

US stock futures are little changed as investors await new inflation data and next moves from the Trump administration on tariffs.

Investors are winding down a volatile but winning week as President Trump’s trade war continues with China in the crosshairs, Elon Musk officially ends DOGE duties, U.S. Steel, Nippon Steel deal proceeds.

Wall Street inched toward tiny losses early Friday as markets digested a the government’s latest inflation data.

The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far from over.

Wall Street absorbed a fresh wave of tariff uncertainty after a federal appeals court reinstated President Trump's global tariffs.

Germany's harmonized consumer inflation fell to 2.1% in May, according to preliminary data. The rate is nearing the European Central Bank's 2% target. Economists polled by Reuters had been expecting the reading to come in at 2%.