Steady PCE, Higher Pending Home Sales, Help Bolster Hump Day Trading
Wednesday, April 30, 2025Markets fought back from fairly deep in the red as of today’s open, closing mostly mixed across the major indexes: the Dow was +141 points, +0.35%, The S&P 500 +8 points, +0.15%, the Nasdaq slipped -15 points, -0.09%, while the small-cap Russell 2000 lost -9 points, -0.46%. Bond yields had threatened to move higher early in the session, but came back down to +4.16% on the 10-year and +3.61% on 2s.PCE Remains Steady for March: 0.0% on Headline & CoreThe biggest non-employment-related ...