U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Friday.
The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&P 500 also rose, gaining, 0.47% to 6,636.07.
Check This Out: Jim Cramer Says This Financial Stock Is A ‘Total Spec,’ Likes Dutch Bros,
Leading and Lagging SectorsEnergy shares jumped by 1% on Friday.
In trading on Friday, consumer staples stocks fell by 0.3%.
Top Headline
The Federal Reserve’s preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market's aggressive rate-cut bets are truly justified.
The Personal Consumption Expenditures price index, the Fed’s go-to inflation metric, rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis.
That was slightly above July’s 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.
Equities Trading UP
MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) shares shot up 155% to $3.74 after the company announced plans to complete the deployment of ...
The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&P 500 also rose, gaining, 0.47% to 6,636.07.
Check This Out: Jim Cramer Says This Financial Stock Is A ‘Total Spec,’ Likes Dutch Bros,
Leading and Lagging SectorsEnergy shares jumped by 1% on Friday.
In trading on Friday, consumer staples stocks fell by 0.3%.
Top Headline
The Federal Reserve’s preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market's aggressive rate-cut bets are truly justified.
The Personal Consumption Expenditures price index, the Fed’s go-to inflation metric, rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis.
That was slightly above July’s 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.
Equities Trading UP
MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) shares shot up 155% to $3.74 after the company announced plans to complete the deployment of ...
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Friday.
The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&P 500 also rose, gaining, 0.47% to 6,636.07.
Check This Out: Jim Cramer Says This Financial Stock Is A ‘Total Spec,' Likes Dutch Bros,
Leading and Lagging SectorsEnergy shares jumped by 1% on Friday.
In trading on Friday, consumer staples stocks fell by 0.3%.
Top Headline
The Federal Reserve's preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market's aggressive rate-cut bets are truly justified.
The Personal Consumption Expenditures price index, the Fed's go-to inflation metric, rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis.
That was slightly above July's 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded up 0.7% to $65.44 while gold traded up 0.5% at $3,789.00.
Silver traded up 1.4% to $45.725 on Friday, while copper fell 0.7% to $4.7240.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.8%, while Spain's IBEX 35 Index rose 1.1%. London's FTSE 100 rose 0.8%, Germany's DAX 40 gained 0.8% and France's CAC 40 climbed 0.9% during the session.
Asia Pacific Markets
Asian markets closed lower on Friday, with Japan's Nikkei 225 falling 0.87%, Hong Kong's Hang Seng declining 1.35%, China's Shanghai Composite falling 0.65% and India's BSE Sensex falling 0.90%.
Economics
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Photo via Shutterstock
The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&P 500 also rose, gaining, 0.47% to 6,636.07.
Check This Out: Jim Cramer Says This Financial Stock Is A ‘Total Spec,' Likes Dutch Bros,
Leading and Lagging SectorsEnergy shares jumped by 1% on Friday.
In trading on Friday, consumer staples stocks fell by 0.3%.
Top Headline
The Federal Reserve's preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market's aggressive rate-cut bets are truly justified.
The Personal Consumption Expenditures price index, the Fed's go-to inflation metric, rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis.
That was slightly above July's 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded up 0.7% to $65.44 while gold traded up 0.5% at $3,789.00.
Silver traded up 1.4% to $45.725 on Friday, while copper fell 0.7% to $4.7240.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.8%, while Spain's IBEX 35 Index rose 1.1%. London's FTSE 100 rose 0.8%, Germany's DAX 40 gained 0.8% and France's CAC 40 climbed 0.9% during the session.
Asia Pacific Markets
Asian markets closed lower on Friday, with Japan's Nikkei 225 falling 0.87%, Hong Kong's Hang Seng declining 1.35%, China's Shanghai Composite falling 0.65% and India's BSE Sensex falling 0.90%.
Economics
Now Read This:
Photo via Shutterstock
