From Dow Jones & Company:

Investors are awaiting an inflation report to provide direction in a volatile stock market. HSBC’s equity strategist warns that markets are overpriced, leading to expectations of a potential pullback. Strategist Charlie McElligott anticipates a surprise boost in stocks due to Treasury Secretary Janet Yellen’s upcoming announcement. Treasury securities trading and global stock markets are also struggling for traction. Other news includes a hacking incident at the SEC, significant deals such as Hewlett Packard’s acquisition of Juniper Networks, and a surge in mortgage refinance demand. Additionally, Yemen’s Houthi rebels fired missiles into the Red Sea. Stock tickers to watch are Tesla, Nvidia, Nio, Apple, and GameStop.



Read more: Stocks headed to the moon if Yellen surprises this month, says Nomura strategist