After yesterday's tech sell-off sparked by rising oil and yields after fresh U.S. strikes on Iran, investors digest results from Dell and Palo Alto Networks and await Broadcom.
Slightly easing crude and yields helped major indexes return to steady by the open after overnight weakness. Skirmishes in the Middle East continued, and ADP jobs growth weakened.
After the week began with oil surging on new violence in the Middle East and yields up, investors await July job openings data and earnings later from Dell and Palo Alto Networks.
House passes bill to avoid government shutdown, two new members set to join the House, Fed chair speech boosts rate hike possibility, and national debt hits $40 trillion.
Fed Chairman Kevin Warsh left the market anxious Friday about possible rate hikes, with odds for a September hike up sharply. Jobs data this week could help shape the decision.
With job openings, layoff announcements, and nonfarm payrolls all out this week, Schwab's Kevin Gordon breaks down what he's looking at in labor in his look at the Week Ahead.
Liz Ann Sonders and Collin Martin discuss why inflation remains elevated and what a potentially more inflation-prone economic era may mean for investors.
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