AMC, meme stocks could spark more heat in the week ahead as investors await inflation news
Traders work on the floor of the New York Stock Exchange.
Inflation data is a highlight of the week ahead, as investors focus on economic news in the void between earnings season and the next Fed meeting.
May’s consumer price index is reported Thursday, and it could be hot after it surged at a 4.2% annual pace in April. Inflation is viewed as an important trigger that could cause the Fed to step back from its easy policies, if rising prices appear to be hotter and more persistent than expected.
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