Stocks rise slightly ahead of key inflation data this week and the start of Q2 earnings season: Live updates

This week's inflation data follows a rate hike skip at the June Federal Open Market Committee meeting. The consumer price index report is due out Wednesday, followed by the producer price index — a measure of wholesale price pressures — due Thursday.

Wall Street is coming off a losing week. The S&P 500 pulled back 1.16%, while the Nasdaq Composite and Dow fell 0.92% and 1.96%, respectively. Despite nonfarm payrolls growing less than expected in June, slightly stronger-than-expected wage growth raised concern over the potential for more Federal Reserve rate hikes.

Investors also have a slew of quarterly earnings reports to consider this week. Finance behemoths BlackRock, JPMorgan Chase, Wells Fargo and Citigroup will all report and kick off the second-quarter earnings season. "We believe S&P 500 earnings will face significant pressure during the rest of the year and enter an earnings recession," Morgan Stanley analyst Edward Stanley wrote in a Sunday note to investors. "The reason is negative operating leverage — when cost growth exceeds sales growth, earnings growth takes a steep hit."

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Short seller with 90% win ratio shares 9 indicators he uses for stocksA short seller with an over 90% win ratio shares the 9 indicators that make for a 'beautiful stock to short'
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

These stocks that are about to turn a profit should beat the market, Jefferies saysWatch these stocks that are on the verge of turning a profit and poised to climb higher, Jefferies says.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

20 stocks set to profit as AI brings more upside: Goldman SachsGoldman Sachs: These are the 20 stocks building AI tech, using it to turbocharge their businesses, and reaping the rewards as the artificial intelligence boom pushes the S&P 500 higher
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Top Wall Street analysts favor these stocks for the long haulTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Amazon and Micron.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Big Tech stocks' $11T market value is nearly triple Germany's GDPThe AI boom has boosted the 'Magnificent 7' stocks' combined market cap to $11 trillion - that's nearly triple Germany's GDP.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »