⚠️BREAKING: *WALL ST STARTS NEW WEEK HIGHER AHEAD OF KEY INFLATION DATA AND START OF Q2 EARNINGS SEASON $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
and the Dow rose on Monday, recovering losses from last week, as investors looked ahead to a key inflation report and commentary from a slew of Federal Reserve officials this week to gauge the central bank's interest rate path.
"We are in an"information vacuum" until Wednesday," said Thomas Hayes, chairman at Great Hill Capital.) strategists downgraded U.S. stocks to"neutral", adding that megacap growth is set for a pullback and U.S. recession risks could still bite. Overall, earnings for the S&P 500 constituents are expected to fall 5.7% in the second quarter, Refintiv data showed.
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