Dow Gains as Inflation Data Supports Rate Cuts Despite Sticky Inflation
TL;DR Summary
The stock market saw gains with the Dow rising nearly 200 points after positive inflation data, led by Boeing's surge on easing FAA restrictions; tech stocks like Intel and GlobalFoundries also performed well, while Apple and Costco experienced declines amid mixed earnings and economic indicators.
- Stock Market Today: Dow Rallies On Fed Inflation Data; Apple, Costco Fall (Live Coverage) Investor's Business Daily
- Dow rises 100 points after in-line PCE inflation report: Live updates CNBC
- Inflation remains elevated. That won't keep the Fed from cutting rates. Politico
- US consumer spending increases solidly in August Reuters
- Fed's go-to gauge shows sticky inflation as Trump threatens more tariffs Axios
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