Inflation data is on tap this week, with the November Consumer Price Index (CPI) set for release on Wednesday, and reports on wholesale inflation and import prices are also coming later in the week.
Investors also will get reports on small business optimism and initial jobless claims. Federal Reserve officials are in the blackout period ahead of the December meeting.
Earnings reports are scheduled from popular meme stock GameStop (GME), as well as from Oracle (ORCL), Adobe (ADBE), Broadcom (AVGO), and Costco Wholesale (COST).
Monday, Dec. 9
Tuesday, Dec. 10
Wednesday, Dec. 11
Thursday, Dec. 12
Friday, Dec. 13
Market watchers will be focused on November inflation data this week that will be closely examined by the Federal Reserve ahead of an upcoming interest-rate decision.
The Wednesday release of November’s CPI follows an uptick in October’s inflation rateto 2.6%. Other recent inflation readings also have moved higher, keeping the rate of …