Wall Street’s three main indexes ended higher last week as a key reading of inflation eased concerns about extreme price rises. The U.S. core PCE price index, the Federal Reserve’s favorite inflation gauge that tracks energy and food, advanced 3.4% in May, which is still below expectations. “Inflation data should calm some nerves about runaway […]
Full ArticleDow Jones, S&P 500, and Nasdaq advanced after a key reading of inflation
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