Stocks rise after cool inflation data feeds into rate cut hopes

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Personal Consumption Expenditures Nouvelles

Federal Reserve,Seana Smith

The three major indexes (^DJI,^GSPC, ^IXIC) rose slightly after Friday's market open. The core Personal Consumption Expenditures (PCE) index, the Federal...

, which was in line with expectations and slower than April's 0.3% increase. The cooler read is bolstering traders' hopes that the Fed will cut rates sooner rather than later.You're taking a look at some declines right now by about 1/10 of a percent S and P 500 that is moving higher by about 1/10 of a percent will be generous and around that off, too, and the NASDAQ composite that higher by about 1/10 of a percent.

So even though we're not seeing a lot of action today, we have seen a lot of action over the last 23 months here.You can see just about even for the week.S and P 500 a little bit less, but half of that.So that's just showing you that the mega caps a bit stronger than the rest of the, uh, the market there.Also Russell indices.That happens after the close and doesn't mean a whole lot for retail traders.So, uh, take that as you will now here is the S and P 500 sectors.

The energy sector outperformed the market. However, within the sector, there is a stock to buy and a stock to avoid. The post 1 Energy Stock to Buy Hand Over Fist and 1 to Avoid appeared first on The Motley Fool Canada.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Market close, GameStop short seller: Market Domination OvertimeStocks (^DJI, ^IXIC, ^GSPC) close Monday mixed as the Dow Jones Industrial Average slips further and the ISM's manufacturing Purchasing Mangers' Index (PMI) ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

GameStop rally, NYSE glitch, Best Buy upgrade: Market DominationStocks ended the day mixed (^DJI,^GSPC, ^IXIC), with the Dow Jones Industrial Average closing lower by 115 points while the S&P 500 and Nasdaq both posted...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

PCE inflation data, Trump verdict, retail earnings: 3 ThingsStocks are on course (^DJI, ^IXIC, ^GSPC) to open Friday's session higher — the last trading day of May — on in-line inflation data from the PCE (Personal...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks, Salesforce earnings, Peltz's Disney stake: 3 ThingsStocks (^DJI, ^IXIC, ^GSPC) don't seem so confident ahead of Thursday's market open on the likelihood of the Federal Reserve holding interest rates higher...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »