168 days ago • Posted by Ajmir Omid
#Stocks mixed ahead of the #US Core #PCE trading
Stocks are trading in a range since yesterday's bounce. This week, the overall headlines were somewhat bearish; earnings deterioration, hawkish central banks (BoJ), negative sentiment, etc. For stocks to regain ground, we need to see some big positive news. Traders will be closely watching this afternoon's US PCE Price Index and Michigan Consumer Sentiment and Inflation Expectations.