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Wall Street awaits new data

Shafaqna English- The recent surge in U.S. equities, overwhelmingly driven by technology and semiconductor stocks, has propelled the broader market to unprecedented record levels. However, this momentum is poised to face a critical hurdle in the coming week when the latest inflation figures are released. Should these numbers come in hotter than anticipated, they would provide the Federal Reserve with concrete justification to proceed with another interest rate increase, potentially cooling the very rally that has fueled the market’s ascent.

This week, the S&P 500 notched its first record close in two months, recovering thanks to tech and semiconductor stocks that had stumbled earlier. The index jumped 5.75% across four trading days through Tuesday, marking its best four-day performance since April 2025.

Source: Reuters
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