Worst first half since 1970 | But is the bottom in? | Back-to-school investing preview

Stocks are set to wind down the worst first half since 1970 in the week ahead, but the market could bounce as big investors adjust their asset allocation ahead of quarter end.

VIEW IN BROWSER | SUBSCRIBE SAT, JUN 25, 2022 WEEKEND BRIEF EDITOR'S NOTE Stocks are set to wind down the worst first half since 1970 in the week ahead, but the market could bounce as big investors adjust their asset allocation ahead of quarter end. The S&P 500 was up more than 6.4% in the past week, and JPMorgan analysts say there's a case to be made for an even bigger jump by the end of the quarter Thursday.   Strategists caution, however, that any rally could be short-lived, since they expect earnings season to be a rocky time for the market once it gets underway in mid-July.   There are some reports of note on the economic calendar, including Thursday's May personal consumption expenditure data, which includes key inflation data watched closely by the Federal Reserve.   "My guess is the market is trying to rally right now with bond yields coming down, and equities putting in a few decent sessions," said one CIO. "It could probably rally into the July 4th holiday, and the real show starts with the earnings season." Patti Domm | CNBC Markets Editor @pattidomm THE WEEK AHEAD Quarter-end buying may lift stocks higher before the next market storm YOUR WEEKEND BRIEFING  Back-to-school investing preview: Possible recession looms over retailers' busiest half of the year Cramer's week ahead: Next week will be a bellwether for the upcoming earnings season Goldman Sachs analysts reveal some of the most 'attractive' stocks as recession fears mount Roe v. Wade's demise forces companies to grapple with health care plans, employee privacy and more Stay away from this company poised to go public next week, Jim Cramer warns Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS