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Earnings Season and CPI Data Loom — S&P 500 Is Just 1% From an All-Time High
The S&P 500 sits 1% from its record close as earnings season kicks off, CPI data drops, and U.S.-Iran tensions flare anew. Big banks report Tuesday.
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The S&P 500 sits 1% from its record close as earnings season kicks off, CPI data drops, and U.S.-Iran tensions flare anew. Big banks report Tuesday.
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Big bank earnings, key inflation data, and escalating Middle East tensions converge next week, testing a market that’s up 10% YTD but simmering beneath the surface.
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The S&P 500 is within 1% of its record high, but a packed week of bank earnings, inflation data, and renewed Middle East tensions is set to test the market’s resilience.
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The US-Iran truce is dead. Oil spiked above $80, the Dow shed 800 points, and markets are now pricing in a greater chance of a Fed rate hike as soon as July.
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