Stock Market Today: May 31, 2024
William G. Ferguson | 5/31/2024
This morning, the attention of Wall Street was on the April personal income and spending report from the Labor Department. The report contained the latest Personal Consumption Expenditures (PCE) Price Index reading, which is the assessment of inflation most closely watched by the Federal Reserve. The equity futures are presaging a modest rally for stocks when trading kicks off stateside.
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