Stock Market Update
27-Jun-24 15:40 ET
Treasuries settle with gains in front of PCE Price Indexes
Dow +11.29
at 39139.09,
Nasdaq +44.71
at 17849.87,
S&P -0.37
at 5477.53
[BRIEFING.COM] The major indices are moving mostly sideways ahead of the close.
The 10-yr note yield settled three basis points lower at 4.29% and the 2-yr note yield settled three basis points lower at 4.72%.
Friday's economic calendar features the Fed's preferred inflation gauge in the form of PCE Price Indexes in the May Personal Income and Spending report. Other data tomorrow include:
- 9:45 ET: June Chicago PMI (prior 35.4)
- 10:00 ET: Final June University of Michigan Consumer Sentiment (Briefing.com consensus 65.6; prior 65.6)
