Dow Jones, Nasdaq, S&P 500 weekly preview: Markets await CPI, retail sales data
climbed 259.65 points, or 0.59%, closing at 43,988.99, briefly surpassing the 44,000 mark for the first time during the session. The S&P 500 advanced 0.38% to end at 5,995.54, having briefly crossed the 6,000 milestone. Meanwhile, theEquities saw strong gains on a weekly basis as well, largely driven by a post-election rally.
This week offers a more comprehensive data lineup, featuring multiple inflation reports, along with retail sales and industrial production . "But IP likely will be weak for another month given hurricane drags and a full month of the Boeing estimates in the third quarter, though this figure remains slightly below the levels seen in Q2 2024.For the Russell 1000, companies surpassing EPS forecasts continue to lag the broader market in terms of immediate stock price response, a trend consistent across sectors.
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