(Reuters) – The New York Stock Exchange opened on Friday, while investors learned of the figures on PCE inflation in the United States.

In the first exchanges, the Dow Jones index loses 60.97 points, or 0.13%, at 45,575.93 points and the Standard & Poor’s 500, wider, fell from 0.22% to 6,487.68 points.

The composite Nasdaq gives in 0.38%, or 82.94 points, to 21,622.22 points.

This Friday, all eyes turn to economic data. Consumer prices in the United States accelerated over one year in July, in accordance with expectations, according to data published Friday by the Commerce Department.

“The figures published today (…) leave the door wide open to the Fed to make a decline at its meeting on September 17,” said Art Hogan, chief market strategist at B Riley Wealth.

According to data compiled by LSEG, investors count on an 84.2% probability that the FED lowers its interest rates of 25 base at its September meeting, a reinforced hypothesis by the accommodating comments of President Jackson Hole, where he recognized the weakness of the labor market.

On Thursday evening, Governor Christopher Waller, candidate for the presidency of the Central Bank, said that he wanted to start lowering rates next month.

At the values, Caterpillar fell 3.16% the day after the announcement by the manufacturer of heavy equipment of an increase in expenses linked to customs duties for 2025.

Marvell Technology, in the red too, falls by 16.43%, the demand prospects for the data centers of the manufacturer of fleas having been lower than the expectations of investors.

* For the values ​​to follow, click on [L8N3UL0DL]

(Written by Mara Vîlcu, edited by Kate Entringer)

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