Today (Friday), US stocks rose as investors prepared for the latest producer inflation (PPI) data updates and earnings reports from several major banks, including JPMorgan Chase, Wells Fargo, Bank of New York Mellon, and others- others such as BlackRock and Fastenal.
The data can influence the market movement for next week's trading.
Yesterday, the stock market saw a decline with the Dow falling by 0.14%, the S&P 500 down by 0.21%, and the Nasdaq Composite down by 0.05%.
This comes after consumer price index (CPI) data for September revealed a slower-than-expected increase, leading to concerns about inflation remaining higher than forecast.
This may cause the Federal Reserve (Fed) to reconsider measures to reduce interest rates in December or January.
Also, initial jobless claims hit a 14-month high, adding to market volatility.
Investors are also keeping an eye on corporate events, including Tesla's robotaxi announcement and the launch of AMD's new AI chip.
