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Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 5 days agoBy Jamie Chisholm Critical information for the U.S. trading day Stock index futures early Friday show the S&P 500 SPX may be in line for another decline. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly
With Inflation Dropping, It’s Time for Stocks to Rebound
InvestorPlace· 5 days agoStocks’ red-hot rally hit choppy waters this week, with the S&P 500 dropping ~2% over the past several days. This morning, April’s official Personal Consumption Expenditures (PCE< ...
Stock Market Retreats As Salesforce, Dell Lead Earnings Losers: Weekly Review
Investor's Business Daily· 5 days agoIncluding modest revisions to Q1 inflation, 12-month core PCE inflation dipped to 2.75%, the lowest...
U.S. PCE data today: does S&P 500 have any upside left?
Invezz· 5 days agoU.S. stocks are in focus today after the Bureau of Economic Analysis said the core personal...
U.S. Consumer Prices Increase In Line With Estimates In April
RTT News· 5 days agoThe Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent for the third straight month in April, matching economist estimates ...
Market Concentration Risk
Forbes· 11 hours agoWith earnings season virtually complete, it feels like stocks are in a holding pattern pending a compelling reason to move in one direction or another....
Inflation Data Offer Good News for Stocks. What Could Come Next.
Barrons.com· 5 days agoIt’s time to exhale. Stocks closed out a tumultuous month mostly higher Friday after the...
The Dollar has some good reasons to be firming
The Forex Market· 6 days agoYesterday we got what we wanted, a surge in the dollar due to too much economic power and despite expectations of some small disinflation in Friday’s PCE...
Fed's favored inflation gauge slows in April while price increases remain sticky
Yahoo Finance· 5 days ago“We forecast that further improvement in inflation is in the cards over the coming months and...
Stock Market Today: Stocks mixed after soft April inflation data
TheStreet via Yahoo Finance· 5 days agoCostco Wholesale (COST) shares edged 1.75% lower even as the bulk discount retailer topped Wall...