{"id":63621,"date":"2025-08-29T12:25:40","date_gmt":"2025-08-29T12:25:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/29\/slightly-weak-start-seen-for-u-s-stocks-pce-data-in-focus\/"},"modified":"2025-08-29T12:25:40","modified_gmt":"2025-08-29T12:25:40","slug":"slightly-weak-start-seen-for-u-s-stocks-pce-data-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/29\/slightly-weak-start-seen-for-u-s-stocks-pce-data-in-focus\/","title":{"rendered":"Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.<\/p>\n<p>The Dow futures are down 0.21 percent, the S&amp;P futures are lower by 0.33 percent, and the Nasdaq futures are down 0.54 percent. <\/p>\n<p>Data on Personal Consumption Expenditure, Chicago PMI reading and the University of Michigan&#8217;s confidence index score, all due this moring, could make a significant impact on investors&#8217; mood today.<\/p>\n<p>The major averages closed on a positive note on Thursday, settling slightly down from the day&#8217;s highs. Stronger than expected second quarter results from AI major Nvidia aided sentiment. <\/p>\n<p>The Nasdaq climbed 115.02 points or 0.5 percent to 21,705.16, the S&amp;P 500 rose 20.46 points or 0.3 percent to 6,501.86 and the Dow edged up 71.67 points or 0.2 percent to 45,636.90.<\/p>\n<p>In overseas trading, Asian stocks ended mixed on Friday after a cautious session ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.<\/p>\n<p>Recent strong U.S. economic data soothed recession jitters but also fueled concerns about persistent inflation amid geopolitical factors like the Russian-Ukraine conflict.<\/p>\n<p>The major European <span class=\"landLinks\">markets<\/span> are exhibiting weakness as investors largely stay cautious, choosing to wait for crucial U.S. PCE reading for clues about Fed&#8217;s possible moves with regard to interest rates.<\/p>\n<p>In commodities, crude oil futures are down $0.33 or 0.51 percent at $64.27 a barrel. Gold futures are down $7.80 or 0.23 percent at $3,466.50 an ounce.<\/p>\n<p>In the currency market, the U.S. dollar is trading at 1.663 against the Euro, gaining from $1.1685.<\/p>\n<p>The dollar is trading at 147.29 yen, up from previous close of 146.95 yen a dollar. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus<\/a><br \/>\n<br \/>2025-08-29 12:25:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lower U.S. futures point to a slightly negative start on Wall Street Friday morning. The Dow futures are down 0.21 percent, the S&amp;P futures are lower by 0.33 percent, and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":63622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-63621","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=63621"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/63622"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=63621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=63621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=63621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}