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Dow and S&P 500 Set New Records
Nasdaq falls, S&P ends off high with tech stocks under pressure, PCE inflation stalling
Major U.S. stock indexes finished in the red Wednesday, after investors waded through a slew of economic data and some disappointing corporate financial updates ahead of the Thanksgiving Day holiday.
Dow Opens Up Ahead of PCE Inflation Data. S&P 500 Falling after Record High.
Stocks were mixed to start the day on Wednesday, but Treasury bonds were rallying ahead with the Federal Reserve’s preferred inflation gauge on tap. The Dow Jones Industrial Average was up 48 points,
Dow and S&P 500 Set New Records Ahead of Inflation Report
The stock market kept up its record-setting ways as Wall Street awaited the latest report on the Federal Reserve’s preferred inflation gauge. The Dow Jones Industrial Average was up 124 points, or 0.3%.
VIEW US PCE price inflation ticks higher
PCE Inflation Report: October Price Growth Remained Stubborn
The Bureau of Economic Analysis releases the latest reading of its personal consumption expenditures price index on Wednesday at 10 a.m. Eastern time. Here is what Wall Street expects to see in the October data, according to FactSet:
VIEW US PCE price inflation ticks higher in October, as expected
The personal consumption expenditures (PCE) price index climbed 0.2% in October, the Commerce Department said on Wednesday, matching September's unrevised gain.
PCE Inflation - October
Financial markets are pricing in a 70 percent probability of a 25 basis point easing at the December meeting, with a 30 percent probability of no change.
1h
Dow Up, S&P 500 Futures Down as Markets Brace for PCE Inflation Report
Stock futures were wavering on Wednesday as Wall Street waited for the Federal Reserve’s preferred inflation gauge, the final ...
10h
Inflation Re-Accelerates Despite Plunging Gasoline Prices As 'Core Services' PCE Price Index Hits 7-Month High
Inflation has been in services and is still in services, it has become sticky in services, and recently, it has been ...
18h
October PCE Data: Key to Fed Policy, Yields, Dollar, Gold, and Stock Moves
The Fed’s cautious stance on rate cuts hinges on October PCE data—learn how it could impact yields, the dollar, gold, and ...
1d
Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
12h
Modest rise in PCE inflation data tees Fed up for cautious December cut
For all the small indications of sticky inflation and robust household finances, the data is sufficiently indicative of a continued long-term disinflationary trend to allow a quarter point cut in ...
11h
PCE and personal income bode well for stocks
There were some surprises in the personal income data, which rose at double the pace in October compared to September. The ...
11h
on MSN
Reaction Roundup: SA analysts, experts weigh in on October PCE data
Wall Street's focus on Wednesday was on the October U.S. personal income and outlays report, which also contained the Federal ...
13h
PCE Inflation Rate Ticks Higher, Keeping Fed On The Fence; S&P 500 Slips
The Federal Reserve's primary inflation rate, tied to the core PCE price index, ticked higher in October, adding uncertainty ...
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Related topics
inflation
Personal consumption expenditures price index
United States
Fed
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