Ahead of the open, the Bureau of Economic Analysis said the Personal Consumption Expenditures (PCE) Price Index rose 0.1% from May to June. On an annual basis, headline inflation increased 2.3%. The results were in line with what economists expected. The report also showed that consumer spending and personal income fell in May.

S&P 500, Nasdaq fade from records; Trump-Canada trade dispute flares originally appeared on TheStreet. Updated 4:32 p.m. EDT. Stocks closed at record highs on