Stocks Face Choppy Week as Investors Await Inflation Data, Bank Earnings
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Treasury yields tick higher, putting pressure on major U.S. indexes ahead of key inflation and earnings data this week.
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Semiconductor stocks rebounded Monday after recent struggles; sector could remain in focus.
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Inflation and labor market data later this week may drive choppy market moves before numbers released.
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Bank earnings kick off Friday with JPMorgan, Citi, Bank of America, and Wells Fargo reports.
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Analysts have reduced S&P 500 earnings forecasts to just 1.3% year-over-year growth for Q4 after cuts.