US stock market = rise, Dow hits record high, buying in response to price indicators such as Amazon

On August 31, 2024, at 6:08 AM GMT+9

The U.S. stock market rose, and the dow inc industrial average continued to set record highs on a closing basis. With the release of the U.S. Personal Consumption Expenditures (PCE) Price Index, expectations of a significant rate cut receded, leading to buying in companies such as Amazon.com and tesla. However, with a 3-day weekend approaching, trading was light.