The Dow Jones rose Friday after key inflation data, with the release of the PCE price index, the Fed's preferred measure of inflation. Read More...
Bloomberg
US Stocks Rise After Inflation Data; Bonds Drift: Markets Wrap
(Bloomberg) — US equities extended the week’s rally after a key measure of US inflation cooled last month by more than expected, suggesting the Federal Reserve may be close to ending its rate-hiking campaign. The dollar pared an advance.Most Read from BloombergTrump Faces Fingerprints, Mug Shot After Dramatic IndictmentSingapore’s Changi Sees Immigration System Restored After DelaysA $3 Trillion Threat to Global Financial Markets Looms in Japan$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red
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