North American Morning Briefing: Stock Futures Edge Up as Investors Await PCE Data
Stock futures rose as investors await PCE data, the Fed's inflation measure. September PCE data, delayed by a government shutdown, is expected to show slight inflation acceleration. Fed's December meeting may hinge on this data. Stocks like Apple, Argan, DocuSign, and Meta Platforms showed varied movements. Oil prices rose amid geopolitical tensions, while gold prices increased due to a weaker dollar.
MorningStar·