Düsseldorf According to new economic data, the US stock exchanges closed slightly higher on the last trading day before Christmas. The Dow Jones index of standard values closed 0.5 percent higher at 33,203 points on Friday. The tech-heavy Nasdaq advanced 0.2 percent to 10,497 points. The broad one S&P 500 increased 0.6 percent to 3844 points.
Consumption data published before the stock market opens, which is considered an indicator of inflation, is also monitored particularly closely by the US Federal Reserve (Fed). As expected by experts, the so-called core PCE index fell in November. However, the decline was not enough to raise hopes for smaller rate hikes. In addition, the opposite trend emerged from other figures published on Friday. Home sales saw a surprise surge and consumer sentiment brightened.
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