Market Update: Stocks to Watch, Inflation, and Retail Sales

1 min read
Source: Yahoo Finance
Market Update: Stocks to Watch, Inflation, and Retail Sales
Photo: Yahoo Finance
TL;DR Summary

Stocks finished the week lower, led by a tech sell-off, but the equal-weighted S&P 500 logged a weekly gain. This week, investors will focus on the February Consumer Price Index (CPI) report for updated inflation data, along with retail sales and consumer sentiment reports. The market rally may broaden as investors look beyond tech leaders. The Federal Reserve wants more confidence in inflation's downward path before cutting interest rates. Additionally, a lighter earnings schedule is expected, with companies like Dollar Tree, Dollar General, and Adobe reporting quarterly results.

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