Stock market news today: Investors digest 2nd-quarter earnings results

Investors are also turning their attention to upcoming inflation data and whether that will impact the trajectory of the Federal Reserve's current interest rate trajectory.

July CPI data will be released later this week on Thursday. That, combined with the August jobs report and the August CPI report will inform the Fed as to whether they hike interest rates again at their September FOMC meeting. A recent sAccording to the CME FedWatch Tool, the Fed is expected to keep the Fed Funds Rate at its current range of 5.25% to 5.50% until March 2024, when the central bank is expected to slightly cut interest rates by 25 basis points.

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UPS stock bounces ahead of earnings reportShares of United Parcel Service Inc. bounced 0.7% in afternoon trading Monday, putting it on track to snap a five-day losing streak, as investors prepare for the package delivery giant's second-quarter results.
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Asian Stock Market: Trades mixed, investors await Chinese/ Indian CPI dataAsian stock markets trade mixed on Monday following mixed US employment data. That said, the Nonfarm Payrolls in the US rose 187,000 in July, worse th
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Stock market news today: Investors look to upcoming CPI inflation dataUS stocks moved higher on Monday as investors turn their attention to upcoming inflation data and whether that will impact the trajectory of the Federal Reserve's current interest rate trajectory. July CPI data will be released later this week on Thursday.
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