US Stocks End Volatile Week With Modest Gains, Inflation Data Looms

Despite ending the week slightly down, US stocks saw gains on Friday, recovering from losses earlier in the week. This volatility was driven by factors like the yen carry trade and recession worries. Positive sentiment around a recent jobless claims report contributed to market gains. Investors are now focused on upcoming inflation data, particularly the Consumer Price Index, for insights into potential interest rate cuts by the Federal Reserve. While some analysts anticipate a slight rise in inflation, they don`t expect it to significantly impact the Fed`s trajectory.