Falling consumer prices contributed heavily to the decline in overall spending. The so-called core PCE deflator rose by just 2% in the past 12 months, down from 2.2% by that measure in September.
The Dow Jones industrial average (INDU) and the Standard & Poor's 500 (SPX) index both gained about 0.6% over 2 hours into the session, while the Nasdaq composite (COMP) gained 2.2%.
1 comment:
Cute AND smart! Q is the total package! :-)
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