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.