The S&P 500 and Nasdaq were headed for higher opens Friday's after the Fed's favorite inflation gauge matched estimates.
10 things to watch on Friday, July 26 1. The S & P 500 and Nasdaq were headed for higher opens Friday after the Federal Reserve's favorite inflation gauge, the core PCE price index, matched estimates. Both stock measures were tracking lower for the week, with Wednesday's worst session since 2022 accounting for the bulk of the losses in the recent rotation out of tech shares. Megacap tech earnings Part 2 comes next week. 2.
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S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopesPia Singh is an associate reporter covering markets and investing trends for CNBC.com and CNBC Pro. She previously reported for The Wall Street Journal. Pia is a graduate of the University of Pennsylvania, where she was the Executive Editor of The Daily Pennsylvanian.
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