Wall Street ends higher

27/9/2025 6:07

U.S. stocks ended higher on Friday after mostly in-line U.S. inflation data, but the three major indexes posted losses for the week.



The S&P 500 and Nasdaq snapped three-week streaks of weekly gains.



The Commerce Department's personal consumption expenditures index report for August showed inflation behaving as expected while personal income and consumer spending surprised to the upside.



Prices rose by 0.3% last month, and by 2.7% year-over-year, hitting the consensus estimate. The PCE index is considered the Federal Reserve's preferred inflation measure.



Market participants have been weighing signs of a stronger economy against expectations for more interest rate cuts from the Fed.



Last week, the U.S. central bank cut rates for the first time since December and indicated more cuts were on the way.