US stocks rose Friday as traders took in new inflation data from the Fed's preferred price gauge.
PCE inflation cooled to 2.6% last month, the lowest pace of price growth in three years.
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AdvertisementUS stocks jumped on Friday as traders took in fresh inflation data, which showed price pressures continuing to cool off in May.
Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Friday:AdvertisementIn commodities, bonds, and crypto:
Persons:
—, Seema Shah
Organizations:
Service, Treasury, Federal, Asset Management, Nasdaq, Nvidia
Locations:
PCE, Here's