Reported 2 months ago
This week is pivotal for Wall Street as investors await significant economic data, including the July Consumer Price Index (CPI) expected to show a 0.2% month-over-month and 3% year-over-year increase. Retail sales data for July, projected to rise by 0.4%, will also provide insight into consumer behavior. Major retailers like Home Depot and Walmart are set to release earnings, making these indicators critical for the Federal Reserve's decision-making regarding interest rate cuts.
Source: YAHOO