<div id="readability-page-1"><div><div>U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Friday.The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&amp;P 500 also rose, gaining, 0.47% to 6,636.07.Check This Out: Jim Cramer Says This Financial Stock Is A ‘Total Spec,’ Likes Dutch Bros,<div>Leading and Lagging SectorsEnergy shares jumped by 1% on Friday.</div>In trading on Friday, consumer staples stocks fell by 0.3%.Top HeadlineThe Federal Reserve’s preferred inflation gauge showed no signs of cooling in August, remaining stubbornly high and reigniting questions over whether the market's aggressive rate-cut bets are truly justified.The Personal Consumption Expenditures price index — the Fed’s go-to inflation metric — rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis.That was slightly above July’s 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.Equities Trading UP <ul> <li>MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) shares shot up 155% to $3.74 after the company announced plans to complete the deployment of Orb across 100 of its Japanese relaxation studios and expand across 200 locations. The company announced it joined “World,” a “proof of human” protocol co-founded by Sam Altman and Tools for Humanity’s CEO, Alex Blania.</li> <li>Shares of bioAffinity Technologies, Inc. (NASDAQ: BIAF) got a boost, surging 92% to $6.57 after the company announced that it released three additional case studies, with one case study demonstrating that CyPath Lung led to detecting Stage 1A lung cancer.</li> <li>Datavault AI Inc. (NASDAQ: DVLT) shares were also up, gaining 50% to $1.2510 after securing $150 million investment in Bitcoin (CRYPTO: BTC) to build a supercomputer.</li> </ul>Equities Trading DOWN<ul> <li>Pop Culture Group Co., Ltd (NASDAQ: CPOP) shares dropped 52% to $0.9802 after the company entered a registered direct offering to sell 5 million shares at $1.20 per share.</li> <li>Shares of Kuke Music Holding Limited (NYSE: KUKE) were down 31% to $0.8111. Kuke Music acquired a controlling interest in Naxos Music Group.</li> <li>Lexaria Bioscience Corp. (NASDAQ: LEXX) was down, falling 27% to $1.11 after the company announced it price its $4 million registered direct offering at $1.50 per share with $1.34 warrants in a concurrent private placement.</li> </ul><div>CommoditiesIn commodity news, oil traded up 0.7% to $65.44 while gold traded up 0.5% at $3,789.00.</div>Silver traded up 1.4% to $45.725 on Friday, while copper fell 0.7% to $4.7240.Euro zoneEuropean shares were higher today. The eurozone's STOXX 600 gained 0.8%, while Spain's IBEX 35 Index rose 1.1%. London's FTSE 100 rose 0.8%, Germany's DAX 40 gained 0.8% and France's CAC 40 climbed 0.9% during the session.Asia Pacific MarketsAsian markets closed lower on Friday, with Japan's Nikkei 225 falling 0.87%, Hong Kong's Hang Seng declining 1.35%, China's Shanghai Composite falling 0.65% and India's BSE Sensex falling 0.90%.Economics<ul> <li>Personal spending in the U.S. rose by 0.6% month-over-month to $21.112 trillion in August, up from 0.5% in the previous month and above market estimates of 0.5%.</li> <li>U.S. personal income rose by 0.4% month-over-month to $26.280 trillion in August, the same pace as in the previous month and above market expectations of a 0.3% gain.</li> <li>The Personal Consumption Expenditures price index — the Fed’s go-to inflation metric — rose 2.7% on a year-over-year basis in August, according to data released Friday by the U.S. Bureau of Economic Analysis. That was slightly above July’s 2.6% and marked the highest reading since February 2025. Monthly PCE inflation accelerated to 0.3%, from 0.2% in July.</li> </ul>Now Read This: <ul> <li>How To Earn $500 A Month From Lamb Weston Stock Ahead Of Q1 Earnings</li> </ul>Photo via Shutterstock</div></div></div>

CPOP

U.S. stocks rose, with the Dow Jones gaining over 250 points, while the Federal Reserve's inflation gauge remained high at 2.7% year-over-year. Consumer spending increased by 0.6% in August, and personal income rose by 0.4%. Notable stock movements included MEDIROM Healthcare Technologies surging 155% and Pop Culture Group dropping 52%. European markets also saw gains, while Asian markets closed lower. Oil and gold prices increased slightly, reflecting mixed commodity trends.

- U.S. stocks rose this morning, with the Dow Jones gaining over 250 points, while the Federal Reserve's preferred inflation gauge showed a year-over-year increase of 2.7% in August.  
- Personal spending in the U.S. increased by 0.6% month-over-month, and personal income rose by 0.4%, both exceeding market expectations.  
- European shares also saw gains, while Asian markets closed lower, reflecting mixed global economic conditions.

Dow Jumps Over 250 Points; Fed's Key Inflation Gauge Remains Hot