Investors showed relief as inflation appears to ease and robust retail sales and employment reports raised discussions about potential Federal Reserve interest rate cuts.
Upcoming earnings reports from major companies like Estee Lauder, TJX, Target, and Zoom Video Communications could significantly influence investor sentiment in the market.
The release of the Federal Reserve's July FOMC meeting minutes later this week will shed light on potential future policy actions crucial for market outlook.
Economic indicators like initial jobless claims and existing home sales reports revealed throughout the week will provide insight into the labor market and housing sector.
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