Required Reading

Required Reading

Italy holds funeral for quake victims as search continues France’s Macron resigns in step to prepare for run at presidency Oil falls on strong dollar, crude glut; storms limit losses Dollar jumps to three-week high ahead of U.S. jobs data Islamic State says its spokesman killed in Syria: Amaq News New Jersey Governor Christie vetoes…

The Closing Look
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The Closing Look

Stocks rallied on Monday as investors digested the latest round of economic data and last week’s Fed symposium in Jackson Hole. Consumer spending edged higher by +0.3% in July which matched the Street’s consensus. Meanwhile, the personal consumption expenditures (PCE) price index, which is one of the Fed’s preferred inflation indicators, rose 0.1% in July and is…