A.M. Update- Core PCE Hotter

S&P futures are down 0.45%, sliding through the overnight session. Personal income was up 0.8% in February (consensus 0.4%) and personal spending was up 0.6% (consensus 0.6%). The PCE Price Index was up 0.3% in February (consensus 0.3%) and the core-PCE Price Index printed hotter than expected, up 0.4% in February (consensus 0.3%) or 2.8%…