{"id":4553,"date":"2024-12-20T20:03:16","date_gmt":"2024-12-20T20:03:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4553"},"modified":"2024-12-20T20:03:16","modified_gmt":"2024-12-20T20:03:16","slug":"wall-street-rallies-on-soft-inflation-data-bonds-rebound-travel-stocks-surge-whats-driving-markets-friday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4553","title":{"rendered":"Wall Street Rallies On Soft Inflation Data, Bonds Rebound, Travel Stocks Surge: What&#8217;s Driving Markets Friday?"},"content":{"rendered":"<div>\n<p>Risk sentiment returned to Wall Street on Friday, revitalized by softer-than-expected November inflation data leading to a strong market rebound following the selloff triggered by the <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42615908\/feds-preferred-inflation-gauge-falls-more-than-expected-markets-breathe-sigh-of-relief\">Federal Reserve\u2019s recent meeting.<\/a><\/p>\n<p>The Personal Consumption Expenditure price index rose 2.4% year-over-year in November, falling short of the 2.5% increase forecasted. The core PCE, a key gauge closely watched by the Fed, also missed expectations, rising 2.8% compared to the anticipated 2.9%.<\/p>\n<p>By midday Friday, all major indices were in rally mode, with broad-based gains across sectors. In the S&amp;P 500, 480 companies traded higher, and every sector advanced as investors welcomed the reprieve in inflationary pressures.<\/p>\n<p>The real estate sector led the charge, rebounding sharply after being hit hardest in the aftermath of the Fed meeting. Small-cap stocks in the Russell 2000 also posted robust gains, powered by a strong recovery in regional banks.<\/p>\n<p>The travel industry soared, driven by upbeat earnings and optimistic guidance from &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/travel\/24\/12\/42627563\/wall-street-rallies-as-soft-inflation-data-fuels-dip-buying-bonds-rebound-travel-stocks-soar-whats\" alt=\"Wall\" street rallies on soft inflation data bonds rebound travel stocks surge: what driving markets friday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Risk sentiment returned to Wall Street on Friday, revitalized by softer-than-expected November inflation data leading to a strong market rebound following the selloff triggered by the Federal Reserve\u2019s recent meeting. The Personal Consumption Expenditure price index rose 2.4% year-over-year in November, falling short of the 2.5% increase forecasted. The core PCE, a key gauge closely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4553","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4553"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4553\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}