Reported about 7 hours ago
US stocks showed mixed results as investors reacted to recent inflation data revealing minimal progress toward the Federal Reserve's 2% target in October. The S&P 500 dipped about 0.3%, while the Dow Jones Industrial Average remained flat. The core Personal Consumption Expenditures (PCE) index indicated a 0.3% increase from the previous month, meeting Wall Street's expectations. Meanwhile, weekly jobless claims decreased, and the GDP growth estimate for the third quarter remained steady at 2.8%. Dell's shares fell over 10% following disappointing quarterly revenue results.
Source: YAHOO