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US stocks showed mixed performance with the Nasdaq Composite rising as Electronic Arts surged 13.8%. The PCE Price Index met estimates, stabilizing the dollar. Oil prices gained on Russian supply risk
The Dow Jones Industrial Average rose after the Federal Reserve's preferred inflation gauge met expectations. Boeing shares surged on reports of eased FAA restrictions.
The U.S. Dollar's recent rally has stalled as investors await the key Personal Consumption Expenditures (PCE) inflation report, a critical indicator for the Federal Reserve.
