After a busy week of stock trades, we're looking ahead to some key inflation data

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After a busy week of stock trades, we're looking ahead to some key inflation data
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It was another volatile week for stocks, where Wall Street ultimately finished lower again.

It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P 500 and Dow Jones Industrial Average to its worst single-day performances since 2022. The VIX index — Wall Street 's fear gauge and a measure of expected volatility for U.S. equities — surged to its highest level in more than four years that same session.

Inflation data: The July producer price index is out on Tuesday morning, while last month's consumer price index is due before Wednesday's opening bell. Both of these are important measures of the economy's health, which the Federal Reserve factors in when deciding whether or not to lower interest rates next. Traders are pricing in nearly 100% odds of a cut when central bankers gather for the next policy meeting in September, according to CME FedWatch data.

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