U.S. stocks rose on Friday after in-line inflation data, but the S&P 500 and Nasdaq ended the week with losses. August’s personal consumption expenditures index showed 0.3% inflation, meeting expectations. Market uncertainty surrounds future Fed rate cuts. Paccar stocks rose after Trump’s import tariffs announcement, while Eli Lilly and Electronic Arts also saw gains.

Dow Jones rose 0.65%, S&P 500 gained 0.59%, and Nasdaq increased by 0.44%. For the week, Dow fell 0.2%, S&P 500 dropped 0.3%, and Nasdaq lost 0.7%. Fed officials Barkin and Bowman expressed concerns about inflation and labor market dynamism. Investors await the September employment report and brace for a potential government shutdown.

Costco fell 2.9% after quarterly results. NYSE advancing issues surpassed decliners 2.25-to-1, with 205 new highs and 53 new lows. On Nasdaq, advancing stocks outnumbered decliners 1.69-to-1, with 2,920 stocks rising and 1,729 falling. U.S. exchanges traded 16.98 billion shares, below the 18.11 billion average over the past 20 days.

Read more at Yahoo Finance: Wall Street ends higher after as-expected inflation data; S&P 500, Nasdaq post weekly declines