Archive: https://archive.today/PFhI7 From the post: >>Traders had been bracing for September's personal consumption expenditures report — the Fed's preferred inflation gauge — which dropped a little past 10am ET. Economists had expected the measure to rise 2.9 percent from last year, but the actual numbers came in at 2.8 percent. All three major indexes modestly jumped following the release. They're all around half a percent in the green in early Friday trading. Wall Street also received a boost from the University of Michigan's much-watched consumer sentiment survey for December. It came in with a better-than-expected reading, jumping 4.5 percent compared to last month.