Stock Market Today: Stocks Snap Weekly Losing Streak
by Karee Venema
May 27, 2022
2 minutes
Stocks headed into the long weekend on a high note with all three major indexes posting gains for the week for the first time in a long time. As a a reminder, markets will be closed this Monday, May 30, for Memorial Day.
Boosting investor sentiment today was the latest inflation update, with this morning's report from the Commerce Department showing that the core personal consumption expenditures (PCE) price index – which excludes energy and food prices – rose 4.9% annually in April. While this pace is
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