HomeMarketsIndicesMarket Recap: Friday PCE Report Could Be A Market Mover

Market Recap: Friday PCE Report Could Be A Market Mover

Stocks are reversing recent gains after this morning's economic data, says Kevin Gordon. He and Collin Martin join Oliver Renick to give a recap of the markets today. Kevin notes that the longer it takes for the labor market to loosen, the more the Fed will keep its foot on the brake. Collin says that the Friday PCE report could be a market mover if it surprises to the upside. he also talks about how high-yield bonds have been one of the best bond performers this quarter. they then go over S&P 500 sector leaders and laggards. Tune in to find out more about the stock market today.

Market On Close

22 Dec 2022

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