US PCE price index data eyed (Il Sole 24 Ore Radiocor) - Milan, 30 Aug - Investors now awaited PCE price index data from the US - the Fed's preferred inflation gauge - due later today. The figure is likely to factor into expectations for interest rate cuts.

The figure comes after economic data released yesterday further eased recession concerns, with weekly jobless claims falling from the prior week, while second quarter gross domestic product was revised higher to 3% growth from an initial 2.8% rate.

In European stock market dealings most sectors were higher, with miners among the biggest advancers while tech stocks slid after yesterday's gains.

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(RADIOCOR) 30-08-24 13:07:14 (0302) 5 NNNN