US Stock Market Braces for Fed Minutes Amidst Inflation Uncertainty

The US stock market is expected to start the week moderately bullish, but investors should not ignore risk tailwinds.

August has historically been a bearish month for Wall Street, but so far this year the Dow Jones, Nasdaq, and S&P 500 have managed to stay above the red zone.

This week's key event is the release of the US Federal Reserve's minutes of meeting on August 19, which will provide insight into the Fed's decision-making process regarding federal fund rates in its upcoming policy.

Last week, investors booked profits from record gains in the indices, with the Dow Jones closing at 53,732.41, down by 107.58 points or 0.20%, and the S&P 500 ending at 7,785.76, lower by 13.23 points or 0.2%.