Stocks Mixed as Inflation Moderates; Banks Post Solid Earnings Ahead of Busy Week for Data and Corporate News
• Stock markets were mixed last week; Dow down slightly while S&P 500, Nasdaq, and Nasdaq-100 posted gains • Inflation reports showed some moderation but debate continues around potential for rate cuts • Major banks largely reported positive Q4 earnings results so far • Important economic reports on retail sales, industrial production, and consumer sentiment due this week • Numerous companies have earnings reports and dividend announcements over the next several days