U.S. stocks ended higher on Friday with investors breathing a sigh of relief following in-line inflation data. Despite the day's gains, indexes recorded losses for the week. August's Personal Consumption Expenditures (PCE) Price Index rose by 0.3%, a figure that met economists' expectations. On an annual basis, PCE inflation increased to 2.7%, up from 2.6% in July, underscoring robust consumer spending.

Market participants remained on edge, evaluating strong economic signals against potential further interest rate cuts from the Federal Reserve. The recent rate cut, the first since last December, has led investors to speculate on the Fed's future moves. Bruce Zaro of Granite Wealth Management highlighted potential market volatility as investors prepare for quarter-end evaluations amidst fl

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