FOMC Minutes today at 2:00 pm ET offer clues on rate paths amid recent hawkish Fed commentary. Friday brings high-impact S&P Global PMIs at 9:45 am am ET, signaling growth health. Next Wednesday is critical with Core PCE inflation and GDP at 8:30 am ET. High volatility is expected as these metrics dictate the September policy stance. Watch for Thursday jobless claims at 8:30 am ET to gauge labor market cooling trends ahead of the weekend.
Traders should hedge positions before Wednesday’s PCE release, as sticky inflation could trigger a sharp sell-off in tech. Monitor the 2:00 pm ET FOMC release today for any shift in the "higher for longer" narrative.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.