Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business
Anupam Nagar

US Stock Market: Wall Street braces for CPI test as Fed rate-hike bets hang in balance

Investors are turning their attention to U.S. inflation data due this week, with the readings expected to play a crucial role in determining whether the Federal Reserve raises interest rates at its September meeting.

The benchmark S&P 500 slipped on Friday but still ended the week with a modest gain, remaining about 1% below its record high reached in mid-August. Stocks have been buffeted by shifting expectations for monetary policy, while rising U.S. Treasury yields have raised concerns about the sustainability of Wall Street's rally.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.