Wall Street experienced a lackluster session during midday trading in New York, with major indices inching slightly lower despite the arrival of positive inflation data. In May 2024, the Personal Consumption Expenditure (PCE) price index, the Federal Reserve’s key measure of inflation, fell to its lowest level since March 2021, recording an annual rate of 2.6%, which aligned with economists’ predictions. This inflation report further indicates that price pressures are moving towards the Fed’s 2%
In the closing of the recent trading day, First Solar (FSLR) stood at $256.74, denoting a -1.74% change from the preceding trading day.
The latest trading day saw First Solar (FSLR) settling at $261.29, representing a +0.93% change from its previous close.