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the nice data we had out of the united states pce. in some ways, one element of that, the spending and inflation , canceling each other out. vonnie: in the u.s., just marginal gains for the s&p 500 and the dow, up 1/10 of 1%. we are still grinding higher, well above 2900, approaching 3000 at this point. some of the news today is deals, and really it is good for everybody. gardner denver higher. parkernyson lord.on buying it remains to see what impact a going away of waivers on iranian oil will have on the market. for now, a barrel of crude trading around $63. we are also at the mocon conference in beverly hills today the milken conference in beverly hills today. we will speak with david solomon, goldman sachs ceo, at the conference. guy: the data in the united states in some ways cancels itself out. u.s. consumer spending and pce numbers rebounded, while core inflation cooled to a one year low. kind of sums up the markets right now, doesn t it? deutsche bank fixed income
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