In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck.
But many worry the writing is on the wall for these market leaders as economic and inflation risks linger.
The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead.
Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy.
Next week will also be the final week of February, with stocks headed for another strong month of gains.
Persons:
Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos
Organizations:
Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing
Locations:
U.S, Lowe's, Chicago, . Kansas, Michigan