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Nasdaq, S&P 500 Futures Down As Caution Clouds Traders’ View — But Analyst Suggests April Might Not Be Glum

Caution is writ all over the face of the market ahead of the start of a new trading week. Traders may prefer to move to the sidelines wary of recent gains, which have pushed the averages past the neutral zone and toward the oversold territory.

ADP

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Five Economists React to Core PCE Numbers: What Will The Fed Do Next?

Core PCE inflation, the Federal Reserve's preferred gauge of inflation, rose by 4.6% year on year in February 2023, the lowest rate in 15 months and below market expectations of a rise 4.7%. Core PCE prices rose by 0.3% month over month, following a 0.5% surge in January and falling short of market expectations of 0.4%.

TLT

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University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High

The University of Michigan Consumer Confidence Index was revised downward from an original estimate of 63.2 to 62 points in March on Friday — down by 5 points or 8.8% from February. One broad takeaway: Sentiment among U.S.

SPY

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Fed’s Preferred Inflation Measure Comes In Cooler Than Expected As Banking Crisis Complicates Powell’s Plan

The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.3% on Friday morning after the Bureau of Economic Analysis reported a 5% increase in the personal consumption expenditures price index in the month of February, suggesting the Federal Reserve still has a long way to go in its

SPY

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Nasdaq Futures Struggle For Direction As Traders Eye Inflation Print, Assess Trump Indictment

The market mood appears to be cautiously optimistic, as signaled by the index futures, which pointed to a narrowly mixed start on Friday. Former President Donald Trump has been indicated by the Manhattan grand jury throwing in some uncertainty into the market.

BB

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The Fed’s Favorite Price Measure Is Coming Friday, And It’s Likely To Influence Next Move In Inflation Chess Match

The SPDR S&P 500 (ARCA:SPY) has been trending higher over the last week on the heels of the Federal Reserve's 0.25% rate hike, which very well could be its last in its current chess match with inflation. The central bank's preferred inflation measure will be released Friday and the data is likely to influence the

SPY