The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, rose 0.2% in October and 2.3% annually, according to the Commerce Department. Core inflation, excluding food and energy, climbed 0.3% monthly and 2.8% annually, matching forecasts.  Stocks showed mixed performance as the Dow rose 100 points, while the S&P 500 and Nasdaq declined. Treasury yields fell. The Fed recently cut rates by 75 basis points over two meetings and maintains gradual reductions amid inflation uncertainties. Traders now place odds on a December rate cut at over 60%.