S&P 500 and Nasdaq 100: US Stocks Rise as Traders Look Past Tariff Threat
What Economic Data Is on the Radar?
Investors are closely watching economic reports set for release this week. The January consumer price index (CPI) is due Wednesday, providing insight into inflation trends. Initial weekly jobless claims and the producer price index (PPI) follow on Thursday.
Federal Reserve Chair Jerome Powell is also scheduled to speak before Congress on Monday. Traders will be looking for any signals on monetary policy, particularly regarding interest rates and inflation expectations.
What’s Next for Markets?
Traders will be closely monitoring inflation data and Powell’s remarks for clues on the Fed’s next moves. Corporate earnings, including reports from Coca-Cola and Shopify, will also play a key role in sentiment.
While tariff concerns may add volatility, analysts at JPMorgan maintain a bullish outlook on risk assets. They continue to project a year-end S&P 500 target of 6,500, though they expect short-term price swings as investors react to tariff developments and legislative updates.
More Information in our Economic Calendar.