How is the stock market doing in UK today? Is the UK stock market trading today? What's the market doing today? What is the stock market in England?

How is the stock market doing in UK today?

Is the UK stock market trading today?

What's the market doing today?

What is the stock market in England?

Dow and S&P 500 finish 3rd straight winning week as more data shows inflation is cooling

Stocks rose on Friday as investors rejoiced at the good news from the Fed's preferred inflation gauge.

Is the S&P 500 adjusted for inflation?

What is the inflation adjusted return of the S&P 500?

What is the average return of the S&P 500 last 3 years?

What is the trend of the S and P 500 index Fund?

The PCE price index rose 0.2% last month, in line with economists' expectations.

During the week, the Dow Jones Industrial Average rose 0.6%, the S&P 500 1% and the Nasdaq 2%.

US stocks rose on Friday as investors priced in better inflation news and outpaced the indexes for the third week in a row.

During the week, the Dow Jones Industrial Average rose 0.6%, the S&P 500 1% and the Nasdaq 2%.

The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation, rose 0.2% month-on-month in June, in line with economists' forecasts. Meanwhile, core PCE rose 4.1% year-on-year, slightly below the expected 4.2%.

The latest data is a promising sign that inflation continues to slow in the economy, which revives bets that the Fed may halt rate hikes in September. Markets are pricing in an 80% probability of keeping interest rates in the 5.25%-5.5% range at the Fed's next policy meeting, according to the CME FedWatch tool.

Here is where the US indices stop as the market closes at 16:00. On Friday:

S&P 500: 4,582.23, up 0.99%

Dow Jones Industrial Average: 35,459.29, 0.5% increase (176.57 points)

Nasdaq Composite: 14,316.66, up 1.9%

Here's what else is going on:

Wedbush said Palantir's stake could increase by 54% as the company builds a unique "AI stronghold".

Economist Peter Schiff said mortgage rates could soar to levels not seen since 2000 as the bond market is on the verge of collapse.

US gas prices rose to the second highest level since November.

Rising home prices mean that first-time home buyers need to earn 13% more money to buy a starter home.

One think tank said Argentina should abandon the peso in favor of a "hard dollar regime".

In commodities, bonds and crypto:

Oil prices rose, with West Texas Intermediate up 0.42% to $80.43 a barrel. International benchmark Brent crude rose 0.56% to $84.71 a barrel.

Gold rose 0.7% to $1,958.01 per ounce.

The 10-year yield fell four basis points to 3,969%.

Bitcoin rose 0.56% to $29,315.01.

Read the original article on Business Insider