S&P 500 Ends Winning Streak as PCE Inflation Expected at 3.8%
The S&P 500 is poised to break an eight-session winning streak as traders await the release of April PCE inflation data, which is forecast to hit 3.8%. Market movements are also being influenced by geopolitical tensions involving Iran.
Key facts
- S&P 500 ends eight-session winning streak
- April PCE inflation data expected at 3.8%
- Iran keeps markets moving
Entities
Institutions
- S&P 500
Locations
- Iran
Sources
- Quartz —