Stock market today: S&P 500, Nasdaq, Dow rise as Fed-favored PCE inflation data cools
View original at finance.yahoo.comStock market today: S&P 500, Nasdaq, Dow rise as Fed-favored PCE inflation data cools US stocks moved higher on Friday as Wall Street digested a cooling in the Federal Reserve's preferred inflation gauge, increasing the odds that the central bank will cut rates next week…
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Confident in plans to drive excitement and deliver for guests during holiday season
80% confidence87% odds of quarter-point interest rate cut from Federal Reserve next Wednesday, compared with 62% a month ago
80% confidenceMany consumers' wallets are pressured and they are seeking value heading into holiday season
80% confidenceInitial unemployment claims are subject to big swings this time of year, so observers don't need to read too much into one week's worth of numbers
80% confidenceYear-end rally in equities is at risk from a Federal Reserve outlook that's too cautious on the economy
80% confidenceTranium3 chip can save up to 50% on training costs for AI software compared to alternatives
80% confidenceGoogle knows requirements and can determine what trade-offs are most efficient for them in chip design
80% confidenceGoogle can make chips that work better for their specific needs than Nvidia in certain aspects, though not superior in every aspect
80% confidence
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