US stock indexes, including the Dow and S&P 500, experienced a notable rise following the release of the Personal Consumption Expenditures (PCE) inflation report, which met economist expectations. The core inflation rate remained steady at 2.9%, suggesting that inflation, while still elevated, is not alarming enough to deter the Federal Reserve from potential interest rate cuts. Despite a three-day slump, investors showed renewed optimism as consumer spending remained robust in August. Analysts view the PCE data as reassuring, fueling hopes for continued easing from the Fed. Overall, most of Wall Street posted gains as market sentiments aligned with forecasts, reflecting a cautious yet positive outlook regarding inflation and economic resilience.