CPI, Rates and Other Key Things to Watch This Week
From Nasdaq:
Last week, Nvidia (NVDA) hit the $950 mark, boosting the market. Powell’s House testimony and Non-Farm Payrolls beat added to the positive sentiment, leading S&P 500 (SPY) to finish down 0.2%. This week, Daylight Savings starts, options expire, and inflation data and Futures contract rolls are on the horizon.
Earnings reports from Dollar Tree (DLTR) and Dollar General (DG) this week could provide insight into the economy’s strength. CPI and Core CPI numbers are due Tuesday. Bond auctions Tuesday and Wednesday may reflect investor confidence. PPI and Core PPI Thursday will gauge inflation on producers, while Retail Sales numbers will indicate consumer spending trends.
Keep an eye on the market this week for key economic indicators and earnings reports. The outcome of these reports and events could influence market direction and investor sentiment.
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