Wall Street Braces for Busy Week Ahead Amid Inflation Data and Tech Events
Wall Street investors are bracing for a busy week ahead, with fresh inflation data and institutional investor holdings set to shape market sentiment.
The economic calendar is highlighted by Wednesday's Consumer Price Index (CPI) report for July, which economists expect will show core CPI inflation easing to 2.5%.
In addition to the CPI report, Thursday's Producer Price Index (PPI) and Friday's retail sales figures are also due out this week, providing investors with fresh clues on the Federal Reserve's policy path after last month's stronger-than-expected jobs report.
Meanwhile, institutional investment managers will disclose their latest holdings through 13F reports, which analysts will be scrutinizing for notable portfolio changes in stocks such as Nvidia (NVDA), Meta Platforms (META), and Tesla (TSLA).