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The Economic Times
The Economic Times
Business

Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectory

Investors will zero in on inflation data next week that they say could determine ​whether the U.S. Federal Reserve hikes interest rates later in the month.

After dropping on Friday, the benchmark S&P 500 ended the week with a slim gain and was about 1% shy of its mid-August record high. Equities were jostled by changes in rate-path expectations and concerns that rising U.S. Treasury yields could trip up Wall Street's rally.

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