Trends-US

Stocks Are Rising Ahead of PCE Inflation Data

Stocks rose modestly to start Friday’s session as Wall Street awaited updates on inflation and consumer sentiment.

The Dow Jones Industrial Average rose 79 points, or 0.2%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.5%.

The yield on the 2-year Treasury note was up to 3.54%, while the 10-year yield was up to 4.1%%.

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