NEW YORK: A spate of inflation data confronts US stock investors in the coming week as markets grapple with fresh uncertainty over tariffs and government bond yields, while equities hover at lofty valuations.
The benchmark S&P 500 index closed at a record high on Thursday despite an uneven start to September, which has been the worst month for stocks on average over the past 35 years. Stocks were pulling back on Friday after the monthly US employment report showed job growth weakened in August.
