Posted 2/15/2024, 12:20:01 PM
Stocks Seek to Rebound as Investors Analyze Economic Data for Soft Landing Hopes
- US stock futures edge up, looking to extend rebound as investors eye economic data
- Focus turns to January retail sales and other reports for signs of consumer strength, hopes of "soft landing"
- Wall Street also awaits remarks from Fed's Waller and Bostic for more clues on rate hike outlook
- Stocks recouped some steep Tuesday losses that came after hot inflation data
- Investors wondering if rout was one-off or start of bigger pullback, though some see resilience