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The Economic Times
The Economic Times
Business

US Market: Wall Street rally faces fresh test as jobs, inflation data loom

US stocks are heading into a crucial week of employment and inflation data that could shape expectations for the Federal Reserve's interest-rate path and test the resilience of the equity market's rally, according to a report by Reuters.

Major US equity indexes ended Friday near record levels, with the S&P 500 less than 1% below its mid-August peak. Technology and artificial intelligence-related stocks have provided much of the support, helping the broader market withstand rising Treasury yields and growing concerns about the outlook for interest rates.

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