Here are the 3 big things we're watching in this holiday-shortened trading week
The week will be dominated by inflation data. Plus, Apple's new CEO has his first big test.
TL;DR
- Inflation data (PPI and CPI) are critical for the Federal Reserve's upcoming interest rate decision.
- Apple's annual hardware launch event will introduce new products, possibly a foldable iPhone, and highlight Apple Intelligence.
- Investor conferences will provide updates from key companies like Alphabet, Microsoft, and Nvidia, offering insights into AI demand and market trends.
- The Federal Reserve's stance on interest rates is heavily influenced by incoming inflation and employment data.
- Apple's pricing strategy for the new iPhone and the impact of Apple Intelligence on user upgrades are key areas of focus.