Dow ETF Slides 86 Points as Q4 GDP Hits 1.4%, PCE Up 0.4%
Pre-market trading sees the SPDR Dow Jones ETF down 86 points following Q4 GDP growth of 1.4%, missing the 2.5% forecast. December PCE inflation rose 0.4% month-over-month with core PCE at 0.4% m/m and 3.0% year-over-year.
1. Pre-Market Dow ETF Movement
In pre-market trading the SPDR Dow Jones ETF fell 86 points, reversing earlier flat moves as investors reacted to new economic data.
2. Q4 GDP Data
The preliminary reading showed U.S. real GDP grew 1.4% in the fourth quarter, missing the 2.5% estimate and marking the second-lowest growth rate of 2025.
3. December PCE Inflation
Personal Consumption Expenditures rose 0.4% month-over-month with core PCE matching that pace, driving annual core inflation to 3.0%, the highest since April.
4. Market Outlook
Investors await February flash PMI prints and New Home Sales, while assessing the impact of persistent inflation on Federal Reserve policy.