The S&P 500 Index ($SPX) (SPY) today is up by +0.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.40%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.03%. Stocks today are mildly higher, with the Dow Jones Industrials climbing to a new record high. Today’s US personal spending and income were weaker-than-expected and Fed-friendly. Also, the Aug core PCE price index, the Fed’s preferred inflation gauge, came in right on expectations, knocking T-note yields lower and supporting stocks. The reports also cemented expectations for further interest rate cuts by the Fed. US Aug pers…