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Inflation, retail sales, and the market rally broadens: What to know this week

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Investors can expect fresh data on inflation, retail sales, and consumer sentiment in the coming week.

Still, the equal-weighted S&P 500 logged a weekly gain for the 7th-straight week as investors continue to look outside the "Magnificent Seven" tech leaders to power the next leg of the market rally.

Economists expect Thursday morning's report will show retail sales grew 0.8% month over month in February, a rebound from the 0.8% decline seen in the first month of the year. "We think the Mag Seven is going to become the Lag Seven," Piper Sandler chief market technician Craig JohnsonJohnson's call for a broadening out of the market rally has been a common one across Wall Street to start 2024. The case for other stocks to rally is rooted inThat story largely remains intact.

Meet the Chilean beer getting its moment in the limelight over 20 years after losing a legal battle with LucasFilm—‘It’s creative, but it’s somebody else’s creativity’

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