Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes.
Earnings could be a main driver of stocks in the week ahead, after a roller-coaster ride on changing sentiment about how much the Federal Reserve will raise interest rates.
Hot inflation data initially sparked speculation the Fed could raise interest rates by a full percentage point. By the end of the week, strong data and comments from Fed officials quashed those expectations. In the week ahead, investors are looking to housing data and expect earnings from a broad swath of companies to steer stocks.
Investors are likely to switch their focus to earnings season, after the market's wild ride on rising and falling
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