Stock Market Gains, Takes Positive Step After Trump Speaks On Tariffs; PCE Inflation Data Looms

Stock Market Gains, Takes Positive Step After Trump Speaks On Tariffs; PCE Inflation Data Looms

The stock market, including the Dow Jones, rose after President Donald Trump spoke on tariffs. PCE inflation data looms. The post Stock Market Gains, Takes Positive Step After Trump Speaks On Tariffs; PCE Inflation Data Looms appeared first on Investor's Business Daily.

In the US, the key will be the February PCE consumption deflator, the Fed’s preferred indicator to measure price developments, in a context of uncertainty over the possible impact of US President’s tariffs on the economy. On the other side of the Atlantic, the fourth quarter’s GDP, consumer confidence, and preliminary manufacturing and service MIPs of March will also be published. In Europe, the focus will be placed, in addition to the advanced …