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An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for ...
Weekly calendar Monday. Economic data: Dallas Fed Manufacturing Activity (-16 expected, -19.2 previously); New home sales, October (723,000 annualized rate expected, 759,000 previously); New home ...
The week will close with a slew of bank and financial services earnings from JPMorgan , Wells Fargo , Bank of America , BlackRock , and Citi to kick off fourth quarter earnings season.
In corporate news, Big Tech will kick off the week with Nvidia's 10-for-1 stock split and Apple's Worldwide Developer's Conference both set for Monday. A vote on Tesla ( TSLA ) CEO Elon Musk's $56 ...
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on May 3, 2023. (Photo by Liu Jie/Xinhua via Getty Images) (Xinhua News Agency via Getty ...
A blowout earnings report from AI darling Nvidia sent stocks to record highs last week.New inflation data will test that rally in the coming days. The S&P 500 and Dow Jones ended the week up about ...
At his news conference, Powell will likely reiterate that Fed officials need more confidence that inflation is returning to 2% before they would consider rate cuts, and that this will likely take ...
The stock market's new record high will be challenged in the week ahead by a slew of corporate earnings reports and a fresh reading of the Fed's preferred inflation gauge.