PCE data fuels rate cut hopes, stocks in last August trading day: Yahoo Finance

Equities (^DJI, ^IXIC, ^GSPC) are mixed in Friday trading as investors digest the results of July's Personal Consumption Expenditures (PCE) report. The data has reinforced expectations for a Federal Reserve interest rate cut in September, though investors are still trying to gauge the potential magnitude.

Meanwhile, CrowdStrike (CRWD) senior vice president for counter adversary operations Adam Meyers is set to testify before a US House of Representatives subcommittee on September 24 to discuss the factors that led to July's global tech outage.

Yahoo Finance trending tickers include Ulta Beauty (ULTA), Marvell Technology (MRVL), and Intel Corporation (INTC).

Key guests include:
3:05 p.m. ET Dory Wiley, Commerce Street Capital CEO and President
3:30 p.m. ET John Vinh, KeyBanc Capital Markets Equity Research Analyst
3:45 p.m. ET Michele Schneider, Marketgauge.com Chief Strategist
4:40 p.m. ET Kyla Scanlon, Writer, Podcaster, Content Creator / "In This Economy?" Author

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