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Yahoo BusinessMar 31, 2023
US Stocks Rise After Inflation Data; Bonds Drift: Markets Wrap

Dow Jones Rises 150 Points After Cool Inflation Data; 6 Stocks To Buy And Watch (Yahoo Business)

MarketWatchMar 31, 2023
Market Snapshot: U.S. stocks climb after inflation report as Nasdaq heads for best quarter in two years
U.S. stocks climbed Friday after a softer-than-expected February inflation report, and the Nasdaq looked set to book its largest quarterly advance in over 2 years.

MarketWatch Live: U.S. stocks gain Friday as PCE gauge shows inflation cooling (MarketWatch Breaking News)

MarketWatch MarketPulseMar 31, 2023
: U.S. stocks open higher after Fed's preferred inflation gauge rose less than expected
U.S. stocks opened higher after fresh data showed inflation rose in February less than expected on a year-over-year basis. The Dow Jones Industrial Average DJIA was up 0.4% soon after the opening bell, while the S&P 500 SPX gained 0.3% and the Nasdaq Composite COMP advanced 0.2%, according to FactSet data, at last check. The Bureau of Economic Analysis said Friday that the personal-consumption-expenditures price index increased 0.3% in February, with the year-over-year rate of inflation slowing to 5% from 5.3% in January. Core PCE data, the Fed's preferred inflation gauge that excludes energy and food prices, rose 0.3% last month for a year-over year rate of 4.6%. That's down from the 4.7% rise seen over the 12 months through January and slightly lower than forecasts from economists polled by the Wall Street Journal.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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