Inflation is coming down but investors have been keeping an eye on the debt ceiling negotiations. Last week, the S&P 500 fell 0.29% and the Dow Jones dropped 1.11%. The Nasdaq gained 0.4%. Economic reports from last week came back mostly negative: •Small Business Optimism - lower than expectation •Consumer Sentiment - lower than expectation •Jobless Claims - higher than expectation This week, investors will look for guidance from economic reports like Manufacturing, Retail Sales, Housing and Jobless Claims.
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