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Market Rebounds Midday as Inflation Data Aligns with Expectations, Tech Leads Gains
Stock Market News· 2025-09-26 16:07
U.S. equity markets are showing a positive trajectory midday on Friday, September 26, 2025, as investors digest key inflation data that largely met expectations, easing some concerns that had led to a three-day losing streak for major indexes. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, rose 2.7% year-over-year in August, a slight acceleration from July's 2.6% but in line with forecasters' predictions. Core PCE, excluding volatile food and energy ...