Stocks Mixed after Inflation Rises by Less than Forecast

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Stocks Mixed after Inflation Rises by Less than Forecast

Futures trade mixed after US core PCE rose 5.4% YoY, below the 5.5% forecast and as spending slows This won’t change the Fed’s outlook. Oil tumbles 5% as the US considers a record reserves release. US futures Dow futures -0.0 % at 35200 S&P futures +0.03% at 4607 Nasdaq futures +0.26% at 15125 In Europe […]

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