Stock futures are climbing, extending a streak of back-to-back winning weeks for investors. The Dow, S&P 500, and Nasdaq all edged higher early Tuesday, fueled by anticipation of key earnings reports and upcoming Federal Reserve (Fed) decisions.
Retail earnings are in focus this week, with major companies set to release their results and offer insights into consumer spending. Simultaneously, the Fed's latest updates are being closely watched for signals about future interest rate adjustments. Recent Producer Price Index (PPI) data, a measure of wholesale inflation, showed a cooling trend, tempering expectations of immediate rate cuts.
However, persistent inflation remains a concern, potentially complicating the Fed's path forward. The White House is also reportedly eyeing a stake in Intel, adding another layer of complexity to the economic landscape. Wall Street is cautiously optimistic, but significant volatility is expected as these factors play out.
