Reported about 24 hours ago
U.S. stocks showed signs of recovery on Friday, with the Dow, S&P 500, and Nasdaq all posting gains as investors reacted to new inflation data indicating a slowdown in price increases for November. The core Personal Consumption Expenditures (PCE) index, closely monitored by the Federal Reserve, revealed month-over-month price deceleration, encouraging investors amid concerns of a potential government shutdown and tariff threats from former President Trump. Notable stock movements included a significant drop in Novo Nordisk shares following disappointing drug trial results.
Source: YAHOO