S&P 500 outlook turns on inflation, earnings and bond yields
The S&P 500 is stuck in a narrow range, with this week’s key catalysts set to be U.S. PPI and CPI, Adobe and Oracle earnings, and bond-market volatility.
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Why Adobe Stock Is Rising on Thursday
Adobe Inc. (NASDAQ: ADBE ) stock rose on Thursday, driven by a combination of an analyst upgrade, macroeconomic data, and investor sentiment. Despite the Thursday morning gains, the software company’s stock remains down 34.04% year to date. Software-as-a-service (SaaS) equities faced broader selloffs during the first h