Wall Street Gains on Softer PCE Data Ahead of Trump Announcement
U.S. stock indices rose on September 30 following August PCE inflation data that came in lower than expected. The headline PCE rose 3.4% year-over-year, while the core PCE increased 3.0% annually. Markets are now awaiting a scheduled announcement from Donald Trump at 3:30 p.m. ET, which could influence market sentiment before the session closes.
Summaries are written by AI from the original article. Not investment advice.