Posted 11/13/2023, 9:17:00 AM
Stocks Set to Open Lower as Inflation Worries Persist, Earnings Reporting Begins
- U.S. stock markets set to open lower Monday amid inflation data, government shutdown risk
- October CPI data out Tuesday expected to show inflation still high at 3.3% year-over-year
- Earnings from Walmart, Target, Macy's this week to provide holiday shopping clues
- Oil prices down Monday on global economic worries
- Moody's downgraded U.S. credit outlook Friday, cited deficits and political polarization