Hi eTorians👋🏻
🇺🇸 U.S. stocks ended the day with gains. The stock market got a boost at the end of a choppy week after economic data reinforced the idea that the Federal Reserve will cut rates in September, which could boost businesses, according to Bloomberg.
💹 $SPX500 rose 1.1% and all major groups gained.
💹 $DJ30 gained 1.6%.
💹 $NSDQ100 added 1%.
💹 $RTY index of small-cap companies rose 1.7%.
🤖 Big tech has had big gains this year, and now the bull market is broadening to financial, industrial and commodity stocks. 👔
🏦 The core personal consumption expenditure (PCE) price index rose 0.2% in June from May. This is the Fed's preferred measure of underlying US inflation (excluding food and energy) and is an encouraging sign for cooling the cost of living without crippling the economy.
📈 In addition, US second-quarter GDP rose 2.8%, beating forecasts, driven by strong consumer spending, rising government spending and a large inventory build.
A dizzying week but one that has brought good prospects for the US economy
That's all. Greetings!
📊 The image shows Friday's performance of S&P500 stock... Show More
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Mon Dec 08 2025 07:53:56 GMT+0000 (Coordinated Universal Time)
