Some key inflation readings in the week ahead could bolster the case for a September interest rate cut, as investors deliberate how long stocks can sustain their rally to record highs. After a rocky start to the year, a recently improving inflation picture has investors hopeful the Federal Reserve could soon start to lower rates.
Small Business Index Wednesday July 10 10 a.m. Wholesale Inventories final Thursday July 11 8:30 a.m. Consumer Price Index 8:30 a.m. Initial Claims 2 p.m. Treasury Budget Earnings: Delta Air Lines , PepsiCo , Conagra Friday July 12 8:30 a.m. Producer Price Index 10 a.m. Michigan Sentiment preliminary Earnings: Citigroup , Wells Fargo , JPMorgan Chase , Fastenal , Bank of New York Mellon