Earnings Season and the CPI’s Impact on Stocks
This week has already brought in a fair share of ups and downs. The volatility index had a -17% range between Monday and Tuesday, the S&P 500 had a near 1% intraday reversal on Monday, and the Dow Jones Industrial Average is trying to reclaim its 10-day moving average after dropping over -1.4% last Friday. Are the markets heading for new highs or bracing for turbulence? Let’s unpack the key drivers and set the stage for what’s ahead.
