U.S. Stock Markets Rise Ahead of PCE Inflation Data Release

U.S. markets rise as investors await the PCE inflation report, which could determine future Fed rate moves; S&P 500 up 0.5%, Nasdaq up 0.6%.

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10 days ago

U.S. Stock Markets Rise Ahead of PCE Inflation Data Release

U.S. Stock Markets Rise Ahead of PCE Inflation Data Release
U.S. stock markets saw modest gains as the S&P 500 was up by 0.5%, Nasdaq gained 0.6%, and Dow Jones rose 0.3%, ahead of the PCE inflation report, which is closely watched by the Federal Reserve. Investors are expecting this data to influence the Fed's next rate decision.
Tags:
  • US markets
  • inflation