Slightly Hotter PCE Leaves Markets Pausing
The pressure was not significant, but it was enough to keep several major assets moving sideways.
Bitcoin fell to around $77K before recovering. Gold slipped slightly below $4,600. U.S. stocks traded sideways before closing slightly in the red.
Nvidia was in focus: shares fell 1.6% before the close, then jumped +4% after reporting better-than-expected results.
The data was not “hot” enough to reverse the market trend, but it was enough to make investors more cautious.@Backcom_io
