Markets Tread Water Ahead of Key Inflation Data and Bank Earnings Reports
• Stocks, bonds and dollar saw small moves as investors await Thursday’s inflation data for clues on Fed outlook • S&P 500 little changed; US 10-year yields hovered near 4% • Bitcoin traded around $45,000 before SEC decision on approval of exchange-traded funds holding the digital asset • Oil rose amid wider risks of attacks on vessels in Red Sea • Major US banks to kick off Q4 earnings reports on Friday, results likely to show continued margin pressure