Data on consumer prices due on Wednesday could threaten the upbeat narrative if inflation rates are above expectations, posing a challenge for high-flying stocks. — Bloomberg
NEW YORK: An inflation report in the coming week will test the strength of the record-setting US stocks rally and provide a crucial piece of data that could factor into the Federal Reserve's plans for rate cuts.
The S&P 500 on Friday was on pace for its third-straight weekly gain, pushing its year-to-date advance to over 27%.
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