64 days ago • Posted by Paul de La Baume

#stocks zoom higher after softer #inflation data #trading $SPY $QQQ

US PCE, the Fed's favorite measure of inflation came softer than expected, a positive for the US central bank as it relieves pressure to continue raising interest rates. Stocks reacted positively with the S&P 500 zooming 0.4% higher. 

#Stocks #Technology