{"id":11861,"date":"2025-09-26T14:35:10","date_gmt":"2025-09-26T14:35:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/dow-rises-350-points-as-wall-street-reacts-to-pce-inflation-data\/"},"modified":"2025-09-26T14:35:14","modified_gmt":"2025-09-26T14:35:14","slug":"dow-rises-350-points-as-wall-street-reacts-to-pce-inflation-data","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/dow-rises-350-points-as-wall-street-reacts-to-pce-inflation-data\/","title":{"rendered":"Dow rises 350 points as Wall Street reacts to PCE inflation data"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Stocks were higher in early trading on Friday as the market reacted to the latest U.S. inflation data.<\/p>\n<div id=\"cn-block-summary-block_4fa116c1e7bc42495264963df735e0bc\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dow jumped over 350 points as investors reacted to key inflation data.<\/li>\n<li>Core personal consumption expenditures price index data came in at 0.29% annually in August.<\/li>\n<li>Wall Street was higher after three days of losses.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The S&amp;P 500 gained 0.5% and the Nasdaq Composite added 0.4%. Meanwhile, the Dow Jones Industrial Average jumped more than 350 points.<\/p>\n<p>Gains across the U.S. stock market came as data from the Commerce Department showed the personal consumption expenditures price index for August increased by 0.29% on a seasonally adjusted basis. While slightly up, this reading of the Federal Reserve\u2019s preferred inflation measure, was in line with economists estimates.\u00a0<\/p>\n<p>August\u2019s reading of core PCE also showed inflation rose 0.2% month over month for August, again in line with Wall Street expectations.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Wall Street expects rate cuts<\/h2>\n<p>Stocks thus rose as investors maintained the outlook of two more quarter-point rate cuts in 2025, with the Fed\u2019s next meetings in October and December. Gains saw major U.S. gauges tick up after this week\u2019s wobbling, with investors taking the PCE data and the solid jobs data on Thursday as a positive outlook.<\/p>\n<p>After stocks witnessed a worrying three-day pullback amid the latest uncertainty, analysts say the PCE data has slightly buoyed markets.<\/p>\n<p>David Russell, TradeStation\u2019s global head of market strategy, noted in comments <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/09\/25\/stock-market-today-live-updates.html\" target=\"_blank\" rel=\"nofollow\">highlighted<\/a> by CNBC that the jobs claims and gross domestic product revision had \u201cundermined\u201d the overall dovish narrative held in recent weeks. However, the latest data on core PCE has somewhat calmed investor jitters.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis morning\u2019s US economic data confirms a strong economy, with the Federal Reserve\u2019s preferred inflation gauge (PCE) settling near 3%,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/elerianm\/status\/1971563659295109240\" target=\"_blank\" rel=\"nofollow\">said<\/a> Mohamed El-Erian, a top economist and Allianz advisor. \u201cMarkets are likely to welcome these numbers, especially since inflation near the 3% level is not unsettling long-term expectations,\u201d he added.<\/p>\n<\/blockquote>\n<p>While the S&amp;P 500 advanced and the other major indices showed an upbeat open, Bitcoin (BTC) remained weak below $110,000 after this week\u2019s losses. Gold held near record highs.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks were higher in early trading on Friday as the market reacted to the latest U.S. inflation data. Summary Dow jumped over 350 points as investors reacted to key inflation&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11861"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11861\/revisions"}],"predecessor-version":[{"id":11863,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11861\/revisions\/11863"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11862"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}