Wall Street Positive. Inflation in Line with Expectations

Wall Street opens positive after inflation data

(Finance) – Positive session for the US stock market, which shows a gain of 1.12% on Dow Jones; along the same lines, theS&P-500 gains 0.86% compared to the previous session, trading at 5,446 points. In cash the Nasdaq 100 (+0.82%); with a similar direction, good performance byS&P 100 (+0.84%).

On the macroeconomic front, the June US PCE inflation figure was in line with expectations. The personal spending price indicator is the most closely monitored by the Federal Reserve to assess price developments and guide monetary policy decisions.

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