Stocks, Rates, and Data: Pre-Fed Focus
Update: 2025-09-11
Description
Stocks nudge higher as Wall Street eyes key inflation data and potential Fed rate cuts. Buoyed by Oracle's AI-driven gains and cooler wholesale inflation, the S and P 500 and Nasdaq hit new highs. All eyes are now on Thursday's Consumer Price Index, jobless claims, and earnings from Kroger and Adobe for clues about inflation's stickiness and the labor market's strength, as traders overwhelmingly anticipate a Fed rate cut. Plus, keep an eye on steady oil prices amid US-Russia talks.
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