Traders Prepare for Significant CPI Day Impacting S&P 500

Reported about 12 hours ago

Traders are gearing up for a highly anticipated consumer price index (CPI) report, expected to generate increased volatility in the S&P 500 as the index could swing by 1% based on current options trading. With inflation concerns and a potential shift in Federal Reserve interest rate policies, the forthcoming CPI reading could clarify future market trajectories. Investors are wary as they anticipate a cooler inflation number for December, while the earnings season commences with major financial firms reporting, further influencing market movements.

Source: YAHOO

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