The Dow Jones Industrial Average (^DJI) is staging a comeback at Friday's market open, up over 0.6% and moving higher from there. The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are following behind in positive territory.

Seana Smith and Jared Blikre monitor moves from the market averages in response to this morning's Personal Consumption Expenditures (PCE) inflation print for June and how indexes could close out the week on their five-day moving averages.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.