Key Points The Commerce Department issued its PCE report for August, showing small rises in core and total inflation.
S&P 500 Futures were flat at 6,659.75 points, while Nasdaq 100 Futures steadied at 24,623.0 points by 19:51 ET (23:51 GMT). Dow Jones Futures were flat at 46,263.0 points. Trump on Thursday evening ...
The S&P 500 jumped 0.6% and Nasdaq composite closed 0.4% higher after losing ground. All three major indexes ended three-day losing streaks. Meanwhile, small-cap stocks outperformed the major indexes, ...
Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
The Dow Jones rebounded over 350 points on Friday, climbing back above 46,000. Fed rate cut expectations are still on track after PCE inflation met market forecasts. Despite a coolish print, inflation ...
NVIDIA cements its AI leadership with a major investment in OpenAI, reinforcing its role as a central AI hub beyond just chip ...
Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.6 per cent last month after an ...
The bad news from Friday's PCE index for August was that core inflation remained stuck near a 3% annual pace, according to ...
US core PCE inflation held at 2.9% in August while the personal consumption expenditures price index posted a 0.3% gain for ...
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices are still sticky, but the report isn’t likely to take the central bank off its course for more rate cuts in 2025.
Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
Economists expect spending to slow considerably by the end of the year, undercut by higher prices. Inflation has been slow to ...