Wall Street Awaits US Inflation Data and Earnings from Oracle

US economic data and corporate earnings are set to dominate Wall Street's attention in the coming week. The latest Consumer Price Index (CPI) and Producer Price Index (PPI) reports will be closely watched for signs of inflationary pressures.

The strong US employment report for August, which saw 162,000 jobs added, has increased market expectations for a September rate hike. Investors will scrutinize the CPI and PPI figures to gauge whether inflation is easing or persisting.

Corporate earnings will also be in focus, particularly from technology companies like Oracle and Adobe, as well as consumer-focused firms such as Kroger. These results will provide clues about corporate spending and demand for technology products.