Stock Market Today: Dow Rises Ahead Of Fed Inflation Data; Adobe Dives On Earnings News (Live Coverage)

The Dow Jones Industrial Average climbed Friday as investors awaited key Federal Reserve inflation data and GDP figures, signaling cautious optimism amid economic uncertainty. Adobe’s stock plummeted after its quarterly earnings report missed analyst expectations, dragging down tech sector performance despite broader market gains. Markets focused on the upcoming Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, which could influence future interest rate decisions. GDP data release later in the day was expected to provide further clarity on economic growth, potentially shaping investor sentiment and trading strategies. The mixed session reflected contrasting forces: strong macroeconomic indicators lifting blue-chip stocks while disappointing corporate results weighed on specific sectors like technology.