Guest
Markets Decline Wall Street ended lower Wednesday as investors anxiously wait for the personal consumer expenditures reading for January due today. The 30-stock Dow slipped % and fell for a third consecutive session, while the S&P 500 inched down %. The Nasdaq Composite fell %. Source: CNBC The Fed's 'Bumpy' Inflation Picture Could Get Bumpier This Week Hotter-than-expected inflation readings have some Fed officials describing the path down to their 2% inflation target as “bumpy.“ New data due out Thursday morning will determine whether that picture is about to get bumpier. Economists expect the Fed's preferred inflation measure — the “core“ Personal Consumption Expenditures (PCE) Index that excludes volatile food and energy prices — will clock in at 2.8% for the month of January on a year-over-year basis. Source: Yahoo Finance Dow Jones Leaders: Apple, Microsoft Among Dow Jones stocks in the Magnificent Sev
