3 things investors need to know this week!

Welcome to our newsletter. Each week, we’ll share the top 3 things any investor needs?to know to help them stay on top of things!

Fed's preferred inflation gauge shows prices increased less than Wall Street expected in August: The latest reading of the Fed's preferred inflation gauge showed that prices increased at a slower pace than expected on a monthly basis in August.

The core Personal Consumption Expenditures (PCE) index, which strips out the cost of food and energy and is closely watched by the Federal Reserve, rose 0.1% from the prior month during August, below Wall Street's expectations for 0.2% and the 0.2% reading seen in July.

Dow hits fresh record, stocks close out strong week as inflation cools: Stocks traded mixed on Friday but closed the week on a high as investors embraced an inflation report seen as crucial to the Federal Reserve's next decision on interest rate cuts.

The Dow Jones Industrial Average (^DJI) gained 0.3% and finished with a fresh record. The S&P 500 (^GSPC) lost 0.1%, but is coming off a record-high close from the prior session. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) sank about 0.4%.

ECB Rate-Cut Bets Jump as France, Spain Inflation Sinks Below 2%: Inflation in France and Spain plunged below 2% — fueling predictions by investors and economists that the European Central Bank will speed up the pace of interest-rate cuts.

Data Friday showed consumer prices in France rose 1.5% from a year ago in September — sinking below 2% for the first time in more than three years mainly due to falls in energy costs. Spain saw a similar trend, with inflation easing to 1.7% on fuel, power, and food.