NEW YORK: A fresh look at inflation trends will test the US stock market’s rally this week, with some investors saying equities are primed for a potential pullback after rocketing to records.
The benchmark S&P 500 ended last Friday up more than 8% on the year and on the cusp of all-time high levels, while the tech-heavy Nasdaq Composite was at a record, as stocks rebounded from declines following a weak employment report earlier this month.
