Wall Street is digesting the latest PCE report, the Fed’s preferred gauge on inflation. The reading comes as the major indices (^DJI, ^IXIC, ^GSPC) are headed for what could be their worst week of 2024. Shares of Trump Media & Technology Group (DJT) are sliding this morning after Former President Donald Trump was found guilty on all counts in his New York hush money trial. Yahoo Finance trending tickers include MongoDB (MDB), Dell (DELL), and Costco (COST).
Key guests include:
9:00 a.m. ET – Ryan Wang, HSBC U.S. Economist
9:45 a.m. ET – Renato Mariotti, Fmr. Federal Prosecutor
10:20 a.m. ET – Dana Telsey, Telsey Advisory Group CEO & Chief Research Officer
10:30 a.m. ET – Kay Herr, JPMorgan U.S. CIO for Fixed Income, Currencies, Commodities