Investors on Guard as Stocks Rally Sputters Ahead of Data Deluge
- S&P has dropped seven of nine times in CPI sessions this year
- Semiconductor stocks head for worst annual loss since 2008
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It’s hard to blame any stock-market investor for being confused right now.
The S&P 500 and Nasdaq 100 indexes are both coming off their best weeks in a month. But the way Friday ended, it’s hard to feel optimistic. Where the market goes from here likely lies in a batch of economic data that will arrive over the next couple of days.