Dow, S&P Take a Break Ahead of Eventful Stock Market Thursday
DOWDow(DOW) ZACKS·2024-09-26 07:26

Wednesday, September 25th, 2024Market trading cooled off today, a week after the Fed cut interest rates and sent a wave of good feeling through Wall Street. Today, market participants signaled the party’s over — or at least taking a disco nap.We’ve got the big Personal Consumption Expenditures (PCE) report on Friday, so investors will doubtless keep some powder dry ahead of that announcement. It’s the Fed’s preferred gauge of inflation, and further lackluster numbers may signal another 50 basis-point (bps) ...