Inflation, Retail Earnings, and Economic Data in Focus This Week
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The Federal Reserve's preferred inflation measure, the PCE index, will be released on Thursday and is expected to show inflation remains high.
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Several major retailers like Dollar Tree, Foot Locker, and Ulta Beauty will report earnings, providing insight into the health of the consumer.
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Software companies like Salesforce and Workday will report earnings, shedding light on enterprise software demand.
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The economic calendar is busy, with updates on manufacturing, consumer confidence, new home sales, and more.
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Stocks rallied last week on economic data supporting a "soft landing" scenario of slowing growth and inflation.