Apple's Upcoming Event and Inflation Reports Set to Influence Wall Street
Upcoming Economic Reports Impacting Wall Street
As the tech giant Apple prepares for its annual event, investors are keeping a close eye on inflation data that could sway US stocks. After a turbulent end to the week, with disappointing jobs figures leading to declines in major indexes like the Dow Jones and S&P 500, the upcoming reports will be crucial for market sentiment.
Critical Economic Events
- September 9: Consumer credit report
- September 10: NFIB optimism index
- September 11: CPI data
- September 12: PPI data
- September 13: Consumer sentiment report
Corporate Earnings and the Apple Event
This week will also see significant corporate earnings, including reports from Oracle, Kroger, and Adobe. Notably, the Apple event on September 11 is expected to unveil the latest iPhones, alongside new Apple watches. This will be a pivotal moment for tech investors.
Market Overview
Last week, Wall Street faced a downturn, with the Nasdaq losing over 400 points. Market fluctuations were also noted in crude oil and gold prices, reflecting broader economic concerns.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.