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MarketBeat
MarketBeat
Business
Chris Markoch

MarketBeat Week in Review – 08/03 - 08/07

Stocks had another weekly gain with technology stocks leading the way. An unexpected job loss in July added fuel to the rally, as some investors took it as a sign that the Federal Reserve was less likely to raise interest rates.

Those expectations could change next week when investors get the latest inflation readings. The July readings for the Consumer Price Index (CPI) and Producer Price Index (PPI) will be released on Aug. 12 and Aug. 13, respectively. A hotter-than-expected reading in either index could reset investor expectations.

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