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 Nachrichten

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.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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) ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

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...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

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...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

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...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »