PCE Comes in Warmer Than Expected

Pre-market futures are in the green this morning and holding steady — all but the small-cap Russell 2000, which is currently trading down half of one percent. The Dow is up +115 points, the S&P 500 is +60 and the Nasdaq is up a strong +320 points at this hour. Bond yields are also ticking up somewhat. These numbers appear to be in reaction to this morning's economic posts. PCE Most Warmer than Expected in June Almost as a node to Fed Chair Jerome Powell's comments yesterday about the state of the economy, t ...