✨ The Dow Jones Industrial Average rises by 150 points after reading the cooler Personal Consumption Expenditures (PCE) inflation.

The Dow Jones Industrial Average (DJIA) gained modestly on Friday, rising another 150 points and ending a moderately bullish week near the 48000 level.

The data from the U.S. Personal Consumption Expenditures (PCE) price index, although from September, helped boost market confidence that the Federal Reserve (Fed) would cut interest rates for the third consecutive time on December 10.

The S&P 500 index (SP500) also rose about 0.3% on Friday, putting the overall index on track to challenge all-time highs.