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Major US stock indices open with solid gains as inflation eases

The major US stock indices are opening with solid gains as inflation eases. Core PCE data in the US rose 0.1% less than 0.2% expected. The year on year fell to 3.9% from 4.3% last month.US yields are lower are helping the rebound:2-year yield 5.026% -4.4 basis points5-year yield 4.568% -7.5 basis points10-year yield 4.519% -7.5 basis points30 year yield 4.662% -6.6 basis pointsA snapshot of the market 3 minutes into the open is showing:Dow industrial average +150 points or 0.44% at 33815S&P inde... Read More

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Major

Stock

Indices

Open

With

Solid

Gains

Inflation

Eases

Forex

Posted: Sep 29 2023, 13:36

Author Name: forexlive

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