Market​ Volatility ‍Expected⁤ in New⁢ York Stock ⁢Exchange This Week

The New York Stock Exchange is bracing for significant volatility and a bear​ market this week, following a disappointing performance last week. Disappointing manufacturing and employment indicators, combined with the⁤ historically ‍weak period of September, have contributed to the sluggish stock market.

Upcoming Economic Reports to Impact Market

This ⁣week, major U.S. price reports are scheduled for release.​ The Consumer Price Index⁣ (CPI) for August is‌ set to be announced on the‍ 11th, followed by⁢ the Producer‌ Price Index (PPI) on the 12th. As the inflation rate approaches the U.S. Federal Reserve’s target of 2%, the employment market slowdown has shifted the Fed’s focus to employment indicators. However, an unexpected surge in the August CPI could complicate ⁣the Fed’s monetary‌ policy calculations.

Apple’s New Product Launch Event

Apple is set to ⁢host a new product launch event on the 9th, where the tech giant is expected to unveil its latest iPhone 16 series.

Presidential Election Heats Up

The ​first ‍TV‌ debate between Vice President Kamala Harris ​and former President Donald Trump is scheduled for the 10th. As the November presidential election‍ approaches, the real campaign is expected to kick off in September. The outcome of⁣ the first TV debate is anticipated to play a‍ significant role in⁣ determining the election’s outcome. If​ former President Trump’s⁣ approval⁣ ratings ‍rise due to his pledge to raise⁢ tariffs, inflation concerns are expected to grow on Wall Street.