Wall St Week Ahead Inflation data poses test for stocks rally after Trump win

NEW YORK, Nov 8 - Investors will focus in the coming week on whether inflation trends can help sustain the record-breaking stock rally that has received a boost from Donald Trump's victory in the U.S. presidential race.

The Nov. 13 consumer price index report needs to"confirm that notion that inflation continues to head in the right direction," said Art Hogan, chief market strategist at B Riley Wealth. More robust inflation could further alter projections for the Fed's rate-cutting path, after expectations changed with Trump's election victory. Fed funds futures show investors are now expecting rates to decline to about 3.7% by the end of 2025 from the current 4.5%-4.75% range, about 100 basis points above estimates in September.

"We ultimately think that they do take that shallow path because inflation is still a risk," Reynolds said."We just got through a period of well-above average inflation. Historically, that's come in waves." Investors also are continuing to adjust to the new political landscape, after big moves this week in the stock market's so-called"Trump trades." The small-cap Russell 2000 , was up 8% on the week, with smaller, domestically focused companies expected to benefit from Trump's plans to increase tariffs on imports.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Wall St Week Ahead Stocks rally faces gauntlet of tech earnings, jobs data, electionThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Bron: KitcoNewsNOW - 🏆 13. / 78 Lees verder »

Nvidia stock rises to intraday record high as Wall Street stays bullish ahead of earningsNvidia stock hit an all-time intraday high Monday as Wall Street analysts raised their price targets on the AI chipmaker.
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Stock market today: Wall Street drifts ahead of Election Day, while oil rises and yields sinkNEW YORK (AP) — U.S. stocks drifted ahead of a momentous week full of potential flashpoints, while oil prices climbed and Treasury yields dropped. The S&P 500 slipped 0.3% Monday, even though the majority of stocks within the index rose.
Bron: SooToday - 🏆 8. / 85 Lees verder »

Stock market today: Wall Street notches more records and logs its latest winning weekNEW YORK (AP) — U.S. stocks rose to more records and closed out their longest weekly winning streak of the year. The S&P 500 rose 0.4% Friday.
Bron: SooToday - 🏆 8. / 85 Lees verder »