US stocks rose on Friday as investors priced in more good inflation news, leaving the indexes with their third-straight week of gains.
For the week, the Dow Jones Industrial Average added 0.6%, the S&P 500 gained 1%, and the Nasdaq rose 2%. The personal consumption expenditures price index, which is the Federal Reserve's preferred measure of inflation, increased 0.2% month over month in June, in-line with economists' estimates. Meanwhile, core PCE rose 4.1% year over year, slightly below the anticipated 4.2% increase.
The latest data is a promising sign that inflation is continuing to slow in the economy, which is revving up bets that the Fed could pause interest rate hikes in September. Markets are pricing in an 80% chance interest rates are kept at the 5.25%-5.5% range at the Fed's next policy meeting, per the
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Stock market news: Dow notches 13-day win streak, longest since 1987Dow notches longest winning streak since 1987 after latest Fed rate hike
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
출처: WSJ - 🏆 98. / 63 더 많은 것을 읽으십시오 »
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »
Stock Market News: Dow heads for longest winning streak since 1897US stocks climb as the Dow heads for longest winning streak in 126 years
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Stock market news today: Dow snaps historic win streak amid earningsDow snaps historic win streak as US stocks fall amid more earnings results
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »