|
Finance
|
Markets cautious ahead of key inflation figures
2024-08-12 14:59:09
Markets
Inflation
Economy

Markets cautious ahead of key inflation figures

Image courtesy of : AFP (SPENCER PLATT)

Stock index futures tread cautiously as investors await key inflation figures, including the Consumer Price Index and producer price reports. The S&P 500, Nasdaq 100, and Dow futures saw modest movements, reflecting the uncertainty in the market.

The upcoming economic data will provide insights into the health of the economy amid recessionary fears and discussions of a potential Federal Reserve rate cut. Signs of middle-income consumers' spending power and retail sales reports will also be closely watched.

The past week was volatile, with stocks tumbling before a seesaw session on Friday. Global markets are also bracing for potential impacts, with concerns over a slowdown and the unwinding of the yen carry trade.

Overall, investors are preparing for another big week, anticipating market excitement and closely monitoring the data and earnings reports for potential market reactions.

Related news on that topic:

Looking Ahead: Key Inflation Data and Economic Reports to Watch

Last week was filled with market volatility, with stocks like S&P 500 and Dow experiencing losses. However, there were some positive highlights, such as Eli Lilly posting blowout quarter while Walt Disney shares fell due to weak theme park performance. Tech stocks like Microsoft are being added for AI growth. Traders have been making adjustments to their portfolios, exiting stocks like Ford and Wynn, while adding stocks like Eaton and AMD. Key inflation data, including PPI and CPI reports, are expected to provide insights into price growth stabilization and potential rate cut expectations from the Fed. This week, we can also expect earnings reports from companies such as Monday.com, Home Depot, Walmart, and Alibaba. Other economic data, including jobless claims, Philly Fed, retail sales, and housing starts, will also be watched closely. Asian stocks are rising ahead of U.S. inflation data, while China's economic slowdown is a concern. India's Nifty 50 faces volatility due to Hindenburg allegations. Overall, investors are preparing for potential market volatility driven by economic data and upcoming events.

Market Outlook: Focus on Inflation and Retail Data Impact

Stock futures remain stagnant before crucial inflation and retail reports. Investors anticipate July PPI and CPI data to gauge price stability. Home Depot and Walmart earnings announcements are imminent. Uncertainty looms over US inflation, impacting yen and potential Fed actions. Technical analysis suggests S&P 500 trends, focusing on key resistance levels. While long-term outlook remains positive, short-term market sentiment is mixed. Attention shifts to upcoming economic figures for broader market direction and potential rate adjustments.

Read 49 more recent news on this topic

The press radar on this topic:

The Street
12. August 2024 um 15:25

Stock Market Today: Stocks extend rebound after rollercoaster week TheStreet Daily Newsletter

Finance
Economy
U.S. equity futures extend gains; S&P 500 on pace to wipe out weekly decline; CBOE Group's VIX index eases but remains elevated; better-than-expected weekly jobless claims; Eli Lilly's strong Q2 earnings; steady benchmark 10-year Treasury yields; U.S. dollar index lower; global oil prices holding steady; S&P 500 priced for 12-point opening gain; Dow Jones Industrial Average called 50 points higher; Nasdaq priced for 60-point opening gain; Stoxx 600 benchmark close to round-tripping weekly decl..
The Street
13. August 2024 um 11:48

Analysts offer recession predictions after market scare TheStreet Daily Newsletter

Economy
Finance
Economists are debating the risk of recession after the July jobs report. The Sahm rule has been triggered, but Sahm believes immigration has skewed the data. Analysts cite low insured jobless rates, high job openings-to-unemployed ratios, the S&P 500's recent record high, and semiconductor and tech stocks remaining above their 200-day moving averages as signs the economy is not in immediate danger. They also note that the 30-year Treasury yield has not reached 4%, and the S&P 500 remains well..
The Street
13. August 2024 um 14:48

Buckle up! More market excitement is coming TheStreet Daily Newsletter

Finance
Economy
Stocks saw major volatility last week, with the Nasdaq-100 up 0.4% despite the S&P 500 and Dow dropping. Upcoming economic reports, the Federal Reserve, Nvidia, and Jackson Hole symposium will be closely watched. Key earnings include Home Depot, Cisco, Walmart, Applied Materials, and Deere. The CBOE Volatility Index (VIX) spiked but has since fallen. Home Depot caters to both the do-it-yourself market and the builders and contractors segment. Cisco has been struggling in the era of artificial..
seekingalpha
12. August 2024 um 06:45

S&P 500 Earnings: CPI Print Wednesday, Walmart Earnings Thursday, And Don't Forget Inflation Expectations

Economy
Finance
This week's key events include the July CPI and Core CPI data on Wednesday, Walmart's Q2 '25 earnings and July Retail Sales data on Thursday, and the Michigan Consumer Sentiment survey on Friday. Walmart is an AI and e-commerce story beyond just a US consumer spend story. The S&P 500 earnings yield remains below 5%, with the financial and communications sectors showing faster EPS growth, while the technology sector's EPS growth is expected to slow to 18.4%. Inflation expectations, as measured..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact