Stock market today: Indexes cap stellar first half of 2024 with losses even after encouraging inflation report
Stock traders
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- US indexes ended the day lower, despite market excitement over the latest PCE data.
- Both headline and core personal consumption expenditure readings came in 2.6% year-to-year.
- The stock market closed 2024's first half strongly, with the S&P 500 up nearly 15%.
US indexes slid on Friday after temporarily bounding to new records, as investors celebrated the latest inflationary report.
The personal consumption expenditures price index...
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