The trader worked on the New York Stock Exchange on February 26, 2025.
NYSE
S&P 500 Rose on Friday after the latest Personal Consumption Expense Price Index repeated its forecasts.
The broad market index added 0.3%, Nasdaq Composite Altitude of 0.4%. Dow Jones Industrial Average He scored 175 points, or 0.4%.
Each month, Nasdaq fell 4.7% this week, slipping down around 5% in February. The technology-rich Nasdaq has been picking up its worst month since September 2023.
The S&P 500 fell 2.2% in a week and about 2.6% in February. The broad market index has been steadily progressing in its worst week since September 2024, and its biggest monthly decline since April 2024. Dow This week remains the same. However, the index of 30 shares has so far dropped by 2.5%.
According to a report from Commerce Report, the latest PCE measurements showed a slight easing inflation in January. The PCE Price Index, the Federal Reserve's priority inflation measure, rose 0.3% for the month and 2.5% per year.
Core PCE, which excludes volatile food and energy prices, also rose 0.3% that month, 2.6% year-on-year. All the numbers appeared as expected in Dow Jones' consensus estimates.
“This release is likely to keep the Fed in suspension mode for a near-term period. We still believe we need to see softer inflation or weaker unemployment data to start cutting again.” “The path for policy rates next year is certainly more difficult to predict, as the economy and markets are affected by government policy decisions in the US and around the world.”
Investors have been rattled recently by President Donald Trump's tariffs and promises of flashing signs in recent economic reports. Megacap Tech Titan's 8.5% reduction nvidia In Thursday's session, the revenue background threw colder waters on investors' sentiment.
On Friday, the Atlanta Fed's GDP was adjusted to track economic data in real time and continually adjust its first quarter output to forecast a 1.5% decline.
“February is a seasonal period of stock volatility, and that historic trend is unfolding right now,” said Michael Landsberg, Chief Investment Officer at Landsberg Bennett Private Wealth Management. “Investors want more clarity about tariffs, rising inflation and consumer condition.”
