Key factors this week include Powell's testimony, CPI, PPI, and Sentiment data impacting market trends.

From Nasdaq: 2024-07-07 16:35:45

Last week, the S&P 500 and Tesla hit all-time highs with SPY closing up over 1.50% and Tesla reaching around $250. Bank earnings, Powell’s testimony, CPI, PPI, and Sentiment data are key factors this week. Keep an eye on major banks like JPM, WFC, and C for economic insights. Powell’s Senate testimony could impact market volatility, while CPI and PPI data may influence market direction based on inflation trends. Be cautious of Sentiment data as consumer expectations for the economy have been decreasing, potentially affecting market sentiment.



Read more at Nasdaq: Powell, CPI and Other Can’t Miss Items this Week