US April Core PCE Price Index YoY +2.5% (Est. +2.5%, Prior +2.7% Revised from +2.6%)

The US stock market reacts to the upcoming release of the April PCE inflation data, a key indicator closely monitored by the Federal Reserve. Market concerns over trade uncertainty, particularly related to Trump's tariff policies, lead to a widespread decline in US stocks. Tech stocks, including Tesla, show weakness. The market anticipates potential market volatility following the PCE data release, with a focus on policy expectations and support levels.