Investors should brace for fresh turmoil next week as the stock market faces several market-moving events, including key economic data as well as earnings from the major U.S. retailers. With investors growing increasingly uncertain over the Fed’s monetary policy plans, a lot will be on the line during the week ahead. The U.S. government will release the October inflation report on Tuesday at 8:30 AM ET and the number could be hotter than September’s 3.7% year-over-year pace.
The headline annual inflation rate is seen rising 3.8%, accelerating from a 3.7% annual pace in the previous month
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Wind power industry in moment of reckoning as stocks fall and earnings crumbleRenewable energy firms are mostly suffering a dire earnings season as struggling supply chains, manufacturing faults and rising production costs eat into profits.
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Wall Street slips ahead of reports on inflation and retailer earningsWall Street is edging lower to start a week that could bring more action to financial markets.
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