Core PCE Inflation

The S&P 500 pulled back as traders weighed hawkish remarks from Fed Chair Warsh, stronger economic projections and a firmer retail sales backdrop. Housing sentiment weakened under high interest rates, adding another layer of uncertainty for equity investors.

Bitcoin and ether remain above their 50-day averages, but most major tokens are still failing to confirm a broader crypto recovery. Traders are watching the Federal Reserve decision, U.S. data and stalled crypto legislation for the next volatility trigger.