Recent "bearish singing in turn" on Wall Street: If the US economy declines, US stocks may fall back.

Peter Berezin, Chief Global Strategist of BCA Research, has lowered the annual target for the S&P to 3750 points, believing that the softness in consumer demand caused by the slowdown in the labor market is the biggest bearish trend for US stocks.

wallstreetcnJun 30 05:40 ET

S&P 500, Nasdaq Slip From Records as Apple's Decline Offset Nvidia's Gain | Market Story

The S&P 500 slipped modestly Friday after touching a fresh intra-day record as investors assess whether the latest signs of slowing inflation could help convince the U.S. Federal Reserve to start cutting interest rates in the next few months.

Luzi Ann SantosJun 28 15:16 ET

S&P 500 Just Below Open Following Expected PCE Numbers, Rough Debate | Market Story

As a general recap, indexes were advancing Friday morning. The S&P 500 climbed 0.72%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.56% and the  $Nasdaq Composite Index(.IXIC.US)$ climbed

Moomoo NewsJun 28 14:22 ET

Investors Wake up to Advancing Market After Presidential Debate and PCE Unchanged | Herd on Wall Street

Morning traders! Happy Friday, June 28th. Investors are reacting to the Trump Biden debate, which to me, felt like two old men were angry at bingo night at the old folks home.

Kevin TraversJun 28 10:47 ET

Fed's Preferred Measure of Underlying Inflation Slows

The core personal consumption expenditures price index increased 0.1% from the prior month. That marked the smallest advance in six months. On an unrounded basis, it was up just 0.08%, the least since November 2020. Mike McKee reports.

BloombergJun 28 10:22 ET

Tonight, we will focus on the PCE price index! The Federal Reserve's favorite inflation indicator may experience a milestone decline.

The Federal Reserve has been waiting for good news on inflation for a whole year.

wallstreetcnJun 28 05:05 ET