Wall Street Week Ahead: Investors eager for delayed data to shed light on US economy
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A host of delayed employment, inflation and other data in the coming week will give a long-anticipated view of the U.S. economy that could help guide markets into year-end. U.S. stocks pulled back to end the week, after the benchmark S&P 500 had ended on Thursday at a record closing high. Back-to-back disappointing quarterly reports from Oracle and Broadcom, two signature stocks in the artificial intelligence trade that has propelled markets this year, weighed down the heavyweight technology sector. The upcoming data is especially critical because investors and the Federal Reserve have been navigating with little certainty since a 43-day federal government shutdown postponed key reports. The U.S. jobs report for November is due on Tuesday, while the monthly consumer price index, which is closely watched for inflation trends, is out on Thursday. "There has been a lack of clarity for investors," said Jim Baird, chief investm...