"Stock Market Pauses Amid Inflation Data and Fed Comments, Software Earnings Loom"

1 min read
Source: Investor's Business Daily
"Stock Market Pauses Amid Inflation Data and Fed Comments, Software Earnings Loom"
Photo: Investor's Business Daily
TL;DR

The Dow Jones Industrial Average gained 170 points as investors awaited a key inflation report and two Federal Reserve officials clashed on the direction of interest rates. Software earnings are also looming, with companies like Salesforce, CrowdStrike, Intuit, Workday, and Splunk set to report. The housing market showed positive signs in September, and the personal income and outlays report for October is expected to show a decrease in the key inflation gauge.

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