Stocks Rebound as Supreme Court Strikes Down President Trump’s Tariffs

The University of Michigan US Feb consumer sentiment index was revised lower by -0.7 to 56.6, weaker than expectations of no change at 57.3.US Dec new home sales fell -1.7% to 745,000, better than expectations of 730,000.The US Feb S&P manufacturing PMI fell -1.2 to 51.2, weaker than expectations of no change at 52.4.The US Dec core PCE price index (the Fed's preferred inflation gauge) rose +0.4% m/m and +3.0% y/y, stronger than expectations of +0.3% m/m and +2.9% y/y.US Dec personal spending rose +0.4% m/m ...