Wall Street to open flat after data; oil pares losses

Wall Street to open flat after data; oil pares losses
 

Wall Street was set to open little changed on Friday, the last trading day of the quarter, as oil prices pared losses and investors assessed a set of key economic data.
Consumer spending unexpectedly fell in August, while core personal consumption expenditure - the Federal Reserve's preferred measure of inflation - rose 0.2 percent and was in line with analysts' estimates.
The markets are expected to be volatile in the coming weeks as the third-quarter earnings season approaches and uncertainty looms over the outcome of the U.S. presidential election in November.
Brent crude was down 0.15... read more

 
30 September 2016 in World News, Views: 24
Source: Reuters
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