On Wall Street in the coming week, the focus will be on consumer price inflation data, which is scheduled to be released on Wednesday.
In addition, investors will also obtain producer price index data and consumer sentiment reports for analysis.
according to Bloomberg According to the report, the Bureau of Labor Statistics data is expected to show that the Consumer Price Index minus the February food and energy gains by 0.3%.
The CPI data will also provide clues about the results of the Federal Reserve’s monetary policy from March 18 to 19.
The ongoing trade war will continue this week as tariffs on Canada, Mexico and China by U.S. President Donald Trump has put financial markets in turmoil.
In the earnings calendar, major companies including Adobe, Ferguson Enterprises, Dick’s sporting goods, Dollar General and Kohl will report quarterly results.
Economic Calendar
On Tuesday, March 11, a separate report on the February NFIB Optimistic Index will be released, and job openings will be released for January.
On Wednesday, March 12, the Consumer Price Index (CPI) will be announced for February.
On Thursday, March 13, data on initial unemployed claims for the week ending March 8 will be released on February’s producer Price Index (PPI).
On Friday, March 14, a preliminary report on consumer sentiment in March will be released.
income
Following companies are due to report fourth quarter earnings in the week ahead — BioNTech, Vail Resorts, Paymentus Holdings, Hesai Group, NET Power, Ferguson Enterprises, Viking Holdings, DICK’S Sporting Goods, Ciena, Kohl’s, Adobe, Crown Castle, UiPath, SentinelOne, ABM Industries, Ulta Beauty, DocuSign, Dollar General, Futu Holdings, Rubrik, and Li Auto.
Last week’s market
U.S. stocks ended Friday after Fed Chairman Jerome Powell said the economy was “in a good position.”
Powell said the central bank won’t cut interest rates anytime soon and expressed concern about President Donald Trump’s policies.
The Dow Jones Industrial Average rose 222.64 points, or 0.52%, to 42,801.72, with the S&P 500 getting 31.68 points, or 0.55%, to 5,770.20, and the Nasdaq Comprehensive getting 126.97 points, or 0.70%, or 0.70%, or 0.70%, to 18,196.22.
The S&P 500 fell 3.1%, Nasdaq fell 3.45% and the Dow Jones fell 2.37% during the week.
In the bond market, the 10-year maturity yield fell to 4.22%, and then climbed to 4.30%, higher than 4.28%.
