Inflation data, retail sales, Walmart earnings await a jumpy stock market: What to know this week

Inflation data, retail sales, Walmart earnings await a jumpy stock market: What to know this week
https://finance.yahoo.com/news/inflation-data-retail-sales-walmart-earnings-await-a-jumpy-stock-market-what-to-know-this-week-160217351.html

Summary

Certainly! Here are the key takeaways from the article:

• Volatility on Wall Street: The stock market had a volatile week, with panic on Monday due to the unwinding of the yen carry trade[^1^][1]. However, markets course-corrected later in the week.
• Interest Rate Debate: The focus shifted from when the Federal Reserve should start cutting rates to how much they should cut. Markets currently price in a 50% chance of a 50 basis point cut by September[^2^][2].
• Economic Calendar: Upcoming reports on consumer sentiment, unemployment claims, and manufacturing production will provide fresh data for the rate debate[^3^][3].
• Corporate Earnings: Earnings season continues, with Home Depot, Walmart, and Alibaba reporting[^4^][4].

Please note that this is a concise summary, and you can refer to the full article for more details. 📈📊