“There’s been a lot of optimism starting to be priced into the market already, but positive sentiment around the issue should continue to fuel a market recovery,” David Wagner, Head of equities at Aptus capital advisors LLC in Fairhope, Alabama stated.
Economic data in the coming week also provides a critical view. Tuesday’s April consumer price index will give a fresh read on inflation trends, while April retail sales on Thursday offers the latest window into consumer spending.
While economic fallout from the tariffs remains unclear, concerns abound that the import levies are poised to drive up prices and slow growth.
If CPI is hotter than expected and retail sales miss estimates, it could raise concerns about “stagflation,” Miskin said – a mix of sluggish growth and relentless inflation that could pressure stocks.Some investors said the Federal Reserve appeared to nod to such worries at its meeting this week. The central bank held interest rates steady and said the risks of both higher inflation and unemployment had risen.Aside from data, the coming week will see more U.S. companies posting quarterly results, including retailing giant Walmart, whose report stands to offer insight into consumer behavior and the cost of imported goods.
Investors will continue to be fixated on the Trump administration’s negotiations with other countries in hopes of more agreements after the president last month paused many of the heftiest tariffs for 90 days.
FAQs
Q1. What are key indexes of US Stock Market?
A1. Key indexes of US Stock Market are S&P 500 index, Dow Jones, and Nasdaq.
Q2. When will April consumer price index be released?
A2. Tuesday’s April consumer price index will give a fresh read on inflation trends, while April retail sales on Thursday offers the latest window into consumer spending.