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Don't fear the PCE. The recent market dip leaves stocks more likely to rally in coming days
Morningstar· 4 days agoStock index futures show the S&P 500 SPX may be in line to break a short losing streak. In the last two days the Wall Street barometer lost 1.33% amid a batch of poorly-received technology sector ...
Pound Sterling corrects amid uncertainty ahead of US data-packed week
The Forex Market· 20 hours agoThe Pound Sterling faces a sell-off near 1.2750 ahead of a US data-packed week. Investors await the...
With Inflation Dropping, It’s Time for Stocks to Rebound
InvestorPlace· 3 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< ...
Why are Americans feeling so negative about the economy?
The Hill· 22 hours agoAmericans are not feeling good about the state of the economy, and it’s a big problem for President...
The focus is on core PCE showing a cooling
The Forex Market· 6 days agoMinneapolis Fed Kashkari said the Fed has not ruled out additional rate hikes. Okay, which factor drove the dollar higher? Each report features a...
April PCE Inflation Not Too Hot, or Cool
US News & World Report· 4 days agoThe personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department said on Friday, matching the unrevised gain in March. The
Inflation remained high in April, a worrying sign for Biden
The Washington Times· 4 days agoThe Commerce Department’s personal consumption expenditures index, released Friday, showed inflation...
Stock Market Retreats As Salesforce, Dell Lead Earnings Losers: Weekly Review
Investor's Business Daily· 4 days agoIncluding modest revisions to Q1 inflation, 12-month core PCE inflation dipped to 2.75%, the lowest...
Stock Market Today: Stocks mixed after soft April inflation data
TheStreet via Yahoo Finance· 4 days agoCostco Wholesale (COST) shares edged 1.75% lower even as the bulk discount retailer topped Wall...
Are Rate Cuts Imminent After Fed's Preferred Inflation Data Holds Steady?...
Benzinga· 4 days agoPCE) price index, a preferred inflation gauge for the Federal Reserve, revealed a steady trend in...
