Stock Market Update: Mixed Trading as Inflation Data Looms

Reported about 8 hours ago

U.S. stocks showed mixed performance in early trading as investors awaited crucial inflation and economic growth data. The latest PCE Price Index indicated a slight rise in core inflation, raising concerns about consumer spending's impact on price stability. Despite this, stocks traded variably, with the S&P 500 down slightly and the Dow Jones gaining ground, while broader economic indicators showed a decline in weekly jobless claims to their lowest level since April.

Source: YAHOO

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