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Stocks open in the green following PCE inflation print

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Brad Smith,PCE Index,Personal Consumption Expenditures

All three of the major market averages (^DJI, ^IXIC, ^GSPC) are opening higher on Friday coming off of this morning's in-line inflation print from the PCE...

For more expert insight and the latest market action, clickTaking a look at the Dow, the S and P 500 the NASDAQ all in positive territory.As of right now, we saw a bit of a reversal in earlier trading here ahead of the Open.

Trading to the downside here, they quickly erased those gains, clearly opening here in positive territory just slightly from fraction here above the flat line. So again very important to watch today's trading action and exactly as Wall Street, uh, digest the latest reading on inflation and tries to gauge what exactly this means for the Fed.In fact, I put up a story on this on the Yahoo finance platform because I was so compelled about some of the comments that we got yesterday from our guests.

So nearly two decades, Uh, essentially there in the drop that we saw on CRM yesterday Slight bounce back here on the day You can't even really call it a bounce back.Story continuesIt is interesting watching even beyond the sales for a story.Just in terms of the spending, how the Capex is being allocated, whether or not they're going to face a real headwind.

 

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