PCE and sentiment readings accompany gains led by QQQ

QQQ opened 0.26% higher and finished up 0.41%. SPY opened 0.18% higher and ended up 0.23%, leaving QQQ ahead by 0.18 percentage points. Core PCE inflation was 2.8% year over year versus a 2.9% forecast, while preliminary consumer sentiment reached 53.3 versus 52 expected. U.S.-China talks, European digital regulation, and Meta's acquisition of LimitlessAI added policy and company context.