US Stocks Brace for CPI Data and Fed Meeting

US Stocks Brace for CPI Data and Fed Meeting

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US Stock Futures Still on the Rise – But CPI May Keep Them Guessing

Right now, the market’s feeling the good vibes, following the tailwinds from the last couple of days. The futures are basically saying “go ahead, baby, keep climbing!” So, if you’re riding that wave, you’re in the right spot.

What Could Shake Things Up?

  • Consumer Price Index (CPI) data drops next week – that’s the thing investors are waiting for. If prices go up more than expected, it could push people into thinking the Fed will hold rates for longer.
  • Today’s CPI shock test might change the tune that’s been playing on sound waves of optimism.
  • The Fed meeting tomorrow is getting a lot of hype. They’re leaning toward doing nothing with rates, staying cautious because the job market is still showing off its muscles.

Tech’s Roller‑Coaster Today

Yesterday the tech sector did a good job. But, today it’s looking a bit rough.

  • Oracle’s shares plunged more than 8% in pre‑market after its earnings report didn’t hit the mark.
  • Alphabet dropped again, largely because of that legal drama with Epic Games – a knock‑back that’s been echoing from yesterday.

Silicon Surges – A Silver Lining

Despite the tech hiccups, the semiconductor world gave us a bright spot. Broadcom jumped 9% thanks to a bullish buy recommendation from Citigroup.

Tax Deductions: Keep More on Your Wallet

For those looking to hold onto what they’ve earned, there’s also chatter around tax deductions that might let you keep a larger slice of your earnings. Stay tuned for breaks that help you pay less.

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