Market Update

1:30 p.m. ET PCE came in as expected. The PCE Price Index was up 0.3% month-over-month, as expected, and the core PCE Price Index, which excludes food and energy, was up 0.2%. On a year-over-year basis, the PCE Price Index was up 2.8%, versus 2.7% in August and 2.3% in April, and the core PCE…