U.S. stocks open lower with S&P 500, Nasdaq heading to third straight week of losses after PCE data

U.S. stock indexes opened lower after the Federal Reserve's preferred measure of inflation continued to cool off in November but failed to quell expectations the central bank will continue to aggressively tighten policy in 2023. The S&P 500 SPX, -0.35% declined 0.3%, on pace to book a weekly loss of 1.

1%, while the Nasdaq Composite COMP, -0.68% shed 0.8%, losing 2.9% this week. The Dow Jones Industrial Average DJIA, -0.36% dropped 103 points, or 0.3%, to 32,939, attempting to book a weekly gain of 0.2%. The Personal Consumption Expenditures price index, or PCE, rose 5.5% in November from a year earlier and 0.1% from the previous month, the Commerce Department reported Friday.

I don’t know what type of inflation metrics are you Fucking using but I go to Costco/Walmart eggs ^$2 milk $1,3^ , cereals $2 ^ Honey $5^ water $1,29^ toilet paper $4^ Salmon $10 ^ oatmeal $4 ^ ect since March 2022 it has not come down. Prices will remain/increase

2022 was just one big dip!!!!

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock Market News Today: Dow Falls Over 500 Points After Wednesday's Rally; Oil Prices GainThe Dow dropped about 500 points after the latest economic data raised nerves about Fed policy How much longer will good news = bad news? Weird times. 📉
Fuente: WSJ - 🏆 98. / 63 Leer más »

Stock Market News Today: Dow Soars Over 500 Points; Nike, Fedex Jump After Earnings BeatStocks rallied after an upbeat consumer-confidence report. The Dow rose more than 500 points, and all sectors in the S&P 500 gained. Oh that’s why it rallied 🙄 I bet it rallied because that’s where firms were positioned heading into today. Larry Williams called the Xmas rally.
Fuente: WSJ - 🏆 98. / 63 Leer más »