Stock market today: Dow, S&P 500, Nasdaq bounce as PCE inflation data comes in cool

Economic data: MBA mortgage applications, week ended Sept. 25 (-1.5% previously); ADP employment change, September (+70,000 expected, +38,000 previously); Retail inventories, month-on-month, August (+0.8% previously); Personal income, August (+0.5% expected, +0.4% previously); Personal spending, August (+0.9% expected, +0.2% previously); PCE price index, month-on-month, August (+0.4% expected, +0.2% previously); PCE price index, year-on-year, August (+3.7% expected, +3.7% previously); Core PCE price index, month-on-month, August (+0.3% expected, +0.2% previously); Core PCE price index, year-on-year, August (+3.3% expected, +3.3% previously); GDP annualized, quarter-on-quarter, second quarter (+1.5% expected, +1.5% previously); Personal consumption, second quarter (+3.4% expected, +3.4% previously); MNI Chicago PMI, September (51.2 expected, 47.1 previously)

Earnings calendar: Micron Technology (MU), Jabil (JBL), FactSet Research Systems (FDS), Conagra Brands (CAG)

Catch up on some top stories you might have missed overnight:

Trump gathers with AI leaders, floats ‘self-regulation’ as the way to deal with the technology’s dangers

Robinhood rolling out agentic AI trading accounts for the masses

Decline in tourism hits US economy

China’s weak soybean demand dims prospects for US cargoes after tariff snub

Dollar set for large rise in September, mainly at euro’s expense

New Apple CEO John Ternus is reportedly planning layoffs as memory chip costs rise