US Stock Market Opens Lower Due To Higher Than Expected Core PCE

According to BlockBeats, on October 31, the US stock market opened significantly lower due to the core Personal Consumption Expenditures (PCE) index coming in higher than expected. The Dow Jones Industrial Average opened down by 0.44%, the S&P 500 index fell by 0.75% at the opening, and the Nasdaq Composite index started the day with a 1% decline.