https://www.live-feeds.com/feed/wall-street-closes-in-on-a-winning-september-following-an-encouraging-update-on-inflationContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wall-street-closes-in-on-a-winning-september-following-an-encouraging-update-on-inflationhttps://www.live-feeds.com/feed/wall-street-closes-in-on-a-winning-september-following-an-encouraging-update-on-inflation#u99926Sun, 04 Oct 2026 19:57:38 +0000U.S. stock markets are trending upward following an August inflation report that showed core inflation at 3.0%, a figure lower than analysts expected. The Dow is projected to rise by 200 points, with the S&P 500 and Nasdaq also expected to climb. This cooling inflation occurred despite an increase in consumer spending. Market analysts suggest these lower figures may provide the Federal Reserve and Donald Trump more time before considering another interest rate hike.Why it mattersThe Federal Reserve relies on the PCE inflation gauge to determine monetary policy and interest rate adjustments