The Dow Jones Industrial Average (^DJI) posted a slight gain on Friday, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) closed lower. The action was driven by the August Personal Consumption Expenditures Price Index report that shows inflation is continuing to cool, nearing the Federal Reserve's 2% target.

Market Domination Overtime Anchor Julie Hyman recaps the markets at the close.

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This post was written by Stephanie Mikulich.