After small caps gained and big tech eased to start the week, investors await more developments from peace talks and earnings later from FedEx. Micron results loom tomorrow.
Kevin Warsh leads his first FOMC meeting, affordable housing bill poised to pass Congress, and Trump's BLS head nominee vows to protect independence of government economic data.
In what appears to be a leadership test after months of gains, chip stocks plunged early ahead of Micron's earnings tomorrow. News was thin, with FedEx due to report later.
Today's light earnings and economic calendar may leave investors looking ahead to Thursday's critical inflation report—the next major test after the Fed's recent hawkish shift.
The vibes are off. GDP growth and consumer sentiment aren't lining up, leading to an uptick in the so-called Misery Index. SCFR's Kevin Gordon looks at the week ahead.
Fed chair Warsh’s first meeting kept rates steady but struck a hawkish tone on inflation while signaling less transparency, driving market uncertainty.
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