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The S&P 500 Index ($SPX) (SPY) on Friday rose +1.14%, the Dow Jones Industrials Index ($DOWI) (DIA) rose +1.58%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose +1.03%. US stocks Friday rebounded higher on some bargain hunting after the rout seen on Wednesday and Thursday. Stocks also saw support from Friday’s US PCE deflator report, which was largely in line with dovish market expectations and supported the thesis for a Fed rate cut in September. The Russell 2000 index on Friday rallied by +1.67%, besting the +1.14% rise in the S&P 500 index, as small-cap stocks extended this week’s rally. The Ru…

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