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[ Thu, Nov 28th 2024 ]: Thomas Matters

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[ Wed, Nov 27th 2024 ]: Thomas Matters

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[ Wed, Nov 27th 2024 ]: Thomas Matters

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[ Wed, Nov 27th 2024 ]: Thomas Matters

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Stocks slip the day before Thanksgiving as Nvidia, Dell decline: Live updates

U.S. stock futures were little changed on Wednesday morning as traders await the release of the Federal Reserve's favorite inflation gauge. Futures tied to the Dow Jones Industrial Average added 30 points, or 0.07%. Meanwhile, S&P 500 futures flickered near the flatline, while Nasdaq-100 futures fell 0.11%.
The article from NBC New York discusses the current state of the U.S. stock market as investors await the release of the Federal Reserve's preferred inflation gauge, the personal consumption expenditures (PCE) price index. Stock futures showed little movement, with Dow Jones Industrial Average futures slightly down, S&P 500 futures marginally up, and Nasdaq-100 futures also slightly up. This comes after a week where major indexes like the Dow, S&P 500, and Nasdaq experienced declines. The market's anticipation centers on the PCE data, which could influence the Federal Reserve's future interest rate decisions. Additionally, the article touches on other economic indicators like consumer confidence, durable goods orders, and the ongoing debate over the U.S. debt ceiling, all of which contribute to the cautious mood in the market.

Read the Full NBC New York Article at [ https://www.nbcnewyork.com/news/business/money-report/stock-futures-are-little-changed-as-wall-street-awaits-feds-preferred-inflation-reading-live-updates/6020641/ ]