Stock market outlook for the week: Debt ceiling, Powell, and global data in focus.
The stock market is facing a malaise as the Dow Jones Industrial Average and S&P 500 have fallen for two straight weeks. Investors are closely watching a flurry of data that will hint at the health of the economy, along with debt ceiling talks in Washington. Retail earnings from Home Depot, Target, and Walmart will give more clues about how high prices have affected discretionary spending. Vice Media filed for Chapter 11 bankruptcy protection, and Turkey's high-stakes presidential election appears headed to a runoff.
