The Dow surges 500 points after new inflation data woos investors ...Middle East

Quartz - Economy
The Dow surges 500 points after new inflation data woos investors
source : Quartz ( Middle East ) () 76

The Dow Jones Industrial Average climbed more than 500 points on Friday morning, buoyed by inflation data that helped the market rebound from the losses earlier this week. The Personal Consumption Expenditures (PCE) price index, which is regarded as the Federal Reserve’s preferred gauge of inflation, rose a modest…

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