The Dow Jones Industrial Average (DJIA) briefly rallied to 39,440.00 early Friday after US Personal Consumption Expenditure Price Index (PCE) inflation figures printed as markets broadly expected.
Dow Jones continues to churn near 39,000.00 as markets await signs of rate cuts. US PCE Price Index inflation came in as-expected, easing slightly. Despite easing key inflation indicators, figures still remain too high for Fed . The Dow Jones Industrial Average briefly rallied to 39,440.00 early Friday after US Personal Consumption Expenditure Price Index inflation figures printed as markets broadly expected.
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