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Friday Showdown: Markets Brace For Fed s Preferred Inflation Data While July Interest Rate Hike Bets Surge - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), PDD Holdings (NASDAQ:PDD), Broadcom (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), American Express (NYSE:AXP), SPDR S&P 500 (ARCA:SPY), Marvell Tech (NASDAQ:MRVL)

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditure (PCE) price index for the month of May, will be released Friday.

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