S&P 500: Mixed Signals Ahead of Fed Meeting and Inflation Data

While US stocks closed slightly higher on Friday, JPMorgan's Chief Investment Officer Bob Michele warns that the current rally reminds him of the 2008 financial crisis, and he is "highly confident that we're going to be in recession a year from now." Meanwhile, China's weak economic growth is causing investors to flock to its neighbors' stock markets. Cryptocurrency tokens are stabilizing after plunging last week on the news that the SEC sued Binance and Coinbase. And former US President Donald Trump was indicted on federal criminal charges for violating national security laws and obstructing justice.