US stocks trade mixed after fresh inflation data while indexes eye big monthly gains

Financial

US stocks traded mixed Wednesday after fresh data boosted expectations for a Fed policy pivot. Core PCE data showed the annual inflation rate cooled to 3.5% in October from 3.65% the prior month. All three of the major US index are also on pace for steep monthly gains. Something is loading. US equities traded mixed…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Philomath sawmill to close, lay off 100, in third Oregon mill shutdown of 2024
Stora Enso partners with IUCN to advance positive impacts on biodiversity
Bill Would Ban Firms From Owning 1,000 Homes
US stock futures edge lower amid rate uncertainty, pre-earnings angst
How many homes does England really need to build?