GWA:CC - 5 Top Weekly TSXV Stocks: Gowest Gold Jumps 86 Percent on Deal to Go Private

2024-06-30 18:40:00 ET

The S&P/TSX Venture Composite Index (INDEXTSI: JX ) lost 0.89 points last week to close at 569.82.

The US Bureau of Economic Analysis released its latest personal consumption expenditures (PCE) data this past Friday (June 28) in its Personal Income and Outlays report. The PCE minus food and energy is the favored index of the US Federal Reserve.

The report stated that the PCE price index rose 2.6 percent year-over-year in May, and increased just 0.1 percent month-over-month compared to April. This year-over-year increase marks the lowest since March of 2021, the last time it was below the central bank’s target 2 percent inflation rate.

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