Key inflation reports this week could clarify the path of future monetary policy.
Retail sales data is also expected Thursday and the University of Michigan's Consumer Sentiment Survey will be released on Friday, which should give insight on how well spending could hold up for the rest of the year.
Elsewhere, investors are also getting financial updates from two big tech giants: Oracle on Monday and Adobe on Thursday.during which the company is widely anticipated to unveil the iPhone 15. Apple is coming off a down week and dipped below its 50-day moving average following reports that China plans to expand a ban on the use of iPhones in government agencies and state-owned companies. That raised fears among investors that the largest S&P 500 stock could be breaking.
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