Investors watch next week’s inflation data for Fed rate-path signals
Investors are focused on upcoming U.S. inflation data next week, which they say could determine whether the Federal Reserve hikes later in the month. The S&P 500 ended the week slightly higher after Friday’s drop.
S. Federal Reserve raises interest rates later in the month. After falling on Friday, the benchmark S&P 500 ended the week slightly higher and was about 1% below its mid-August level.