U.S. stocks are gearing up for a weaker open on Friday, following a resilient performance on Thursday despite a larger-than-expected increase in December consumer price inflation. Disappointing earnings news has added downward pressure to equities, and now the focus shifts to the upcoming producer price inflation report before the market opens. This report will determine whether the rise in pricing pressure is evident at the wholesale level, potentially influencing retail levels in the months ahead. Cues From Thursday’s Trading: Following Thursday’s consumer price inflation report, stocks init…
