text:  I'm Laurence Simonetti and this is the Fox Business Report. Stocks are higher after inflation measured by the PCE index moderated in May. Both the overall reading and excluding food and energy came in at 2.6 percent as expected. Americans are feeling a little better about the economy in late June. The Consumer Sentiment Index rose to 68.2 from mid-month, though it stands well below a pre-pandemic peak of 101.