Stocks lose momentum as Dow goes negative before PCE report, with focus on inflation trends.

From Dow Jones & Company: 2024-06-27 14:31:00

Stocks lost steam as the Dow turned negative, ahead of the release of the PCE report. Market performance fluctuated throughout the day, with tech stocks showing signs of weakness. Investors are closely monitoring the upcoming report for insights into inflation trends. The uncertainty in the market reflects growing concerns about rising prices and potential impact on economic recovery. Traders are bracing for potential market volatility in the coming days as they navigate the evolving economic landscape. Stay tuned for updates on how the market responds to the latest economic data.



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