In August, U.S. stock indexes rose (S&P 500 2.3%, Dow 1.8%, Nasdaq 0.7%), while the PCE Price Index increased 0.

In August, major U.S. stock indexes closed positively, with the S&P 500 rising 2.3%, the Dow up 1.8%, and the Nasdaq gaining 0.7%. The Personal Consumption Expenditure Price Index for July showed a 0.2% monthly increase and 2.5% year-over-year, aligning with forecasts. The upcoming U.S. Federal Reserve meeting on September 17-18 may feature an interest rate cut as signs of a soft economic landing emerge, despite global economic slowdowns.

September 02, 2024
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