Too early to celebrate? Why next week’s inflation data means a pivotal week for U.S. stock market lies ahead
July 09, 2023 at 12:01 PM EDT
Next week's June CPI report will give investors more clarity on potential for further interest-rate hikes after July. It may either give a green light to a continued stock-market rally or kill the baby bull market after a flurry of U.S. employment data left investors puzzled about the future stance of the Federal Reserve’s monetary policy.