Market Focus Shifts to CPI Data and Tech Earnings Amid Trade Talks
Investors brace for a pivotal week as delayed CPI inflation data takes center stage, offering the Federal Reserve its final snapshot before next week's rate decision. The September figures, postponed by the government shutdown, could sway monetary policy amid lingering concerns over regional bank stability.
Trade tensions loom large ahead of the Trump-Xi summit, with markets sensitive to any developments that might alter the trajectory of U.S.-China relations. The unresolved budget dispute in Washington continues to cast uncertainty over timely economic data releases.
Tech earnings command attention, particularly Tesla's Wednesday report. Elon Musk's anticipated commentary on AI and robotics could MOVE markets, especially given Tesla's recent rally. Intel's results will be scrutinized after recent investments attempted to revive the chipmaker's fortunes.