Market Snapshot: Too early to celebrate? Why inflation data means a pivotal week for the U.S. stock market lies ahead

Next week’s June CPI report will give investors more clarity on potential for further interest-rate hikes after July. It may either give a green light to a continued stock-market rally or kill the baby bull market after a flurry of U.S. employment data left investors puzzled about the future stance of the Federal Reserve’s monetary policy.

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