![]() On the flip side, a miss on the Tuesday report would likely signal that the Fed will hike interest rates even more, putting downward pressure on equities. This boost could dissipate by the summer, however, especially as the lagging impact of central bank rate increases tightens global financial conditions. "The Goldilocks-like mix of industrial production recovery and falling inflation we expect this quarter has helped boost risk appetite and equities," said Ray Farris of Credit Suisse in a Monday note. So far, investors seem to be betting on a solid CPI print on Tuesday that shows inflation is cooling and that a pause or pivot in Fed rate hikes may be near. On Tuesday, January's consumer price index report will be released, showing if price increases have slowed amid the central bank's rate hikes. Investors will get more inflation data this week. Nike and Salesforce each gained 2.4%, boosting the index. Microsoft led the Dow's gains, rising 3.1%. The Dow Jones Industrial Average closed 376.66 points higher, or 1.11%, to end the session at 34,245.93, its best day in February. Stocks rose Monday as traders looked ahead to Tuesday's key inflation report, regaining their footing after the S&P 500 and Nasdaq Composite suffered their worst weekly declines in nearly two months. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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