EDITOR'S NOTE
Russia's threatened invasion of Ukraine hangs over markets and could create more turbulence in the week ahead. Investors also continue to focus on the Federal Reserve's plans to raise interest rates, though the fear the Fed would begin its cycle with a bigger hike in March faded in the past week.
The biggest economic report expected is Friday's personal consumption expenditure data, and that is expected to show a continued hot inflation pace in January. Earnings season winds down but there are a number of reports from retailers, like Home Depot and Macy's, and energy companies, including Occidental Petroleum and EOG Resources.
Analysts say the uncertainties hanging over the market make watching stock charts more important, and it is possible the S&P 500 could soon retest its January low. "I don't know about the next 60 days, but the next six months should be good," said one strategist.
THE WEEK AHEAD
MICHAEL SANTOLI'S MARKET COLUMN
YOUR WEEKEND BRIEFING
|
Stocks making the biggest moves midday: L Brands, Estee Lauder, CureVac, Tesla & more This is a developing news story. Please check back for updates: https://www.cnbc.com/2020/08/20/stocks-making-the-biggest-moves-midday-l-brands-estee-lauder-curevac-tesla-more.html Follow @CNBCnow for breaking news and real-time market updates Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy CNBC Events © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 D
Comentarios
Publicar un comentario