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Wall Street Update: US Stock Indices Trade Mixed Amid Fresh PCE Inflation Data Wall Street Update: Dow Rises, S&P 500 and Nasdaq Slip Amid PCE Inflation Data **US Stocks Mixed as Investors Digest PCE Inflation Data** US stock indices were mixed on Wednesday as investors evaluated the latest Personal Consumption Expenditure (PCE) inflation report. The PCE, a key inflation gauge monitored by the Federal Reserve, showed a 2.3% rise year-over-year in October and a 0.2% increase month-over-month, indicating persistent but moderate inflation pressures. At 10:03 a.m. ET, the Dow Jones Industrial Average gained 47.83 points, or 0.11%, to 44,908.14. Meanwhile, the S&P 500 slipped 8.68 points, or 0.14%, to 6,012.95, and the Nasdaq Composite dropped 87.31 points, or 0.46%, to 19,088.26. **Economic Growth and Corporate Earnings Update** The US economy grew at a 2.8% annual rate in the third quarter, driven by strong consumer spending and .... if you want to know more click 👇 below the link
Founder And CEO Of F... • 9m
"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices" "RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
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Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje
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