The US rebounded from last Friday’s fall, the Dow is up 0.5 percent, while the S&P 500 rose 0.9 percent and the Nasdaq rose 1.1 percent. This week, investors will be watching for two key inflation reports that could provide additional information ahead of the Fed’s interest rate decision next week. The consumer and producer inflation report for August is published on Wednesdays and Thursdays. The market now gives a 71 percent chance that the Fed will cut rates by 25 basis points at its next meeting, and only a 29 percent chance that it will cut rates by 50 basis points.
Source: www.portfolio.hu
