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Barchart
Barchart
Gavin McMaster

UNCOVERED: Gdp pce and other key things to watch this week | History Defined

Last week was a big one, showing a large shift in the Fed's actions as they cut rates by 50 basis points. This was a strong show that they feel inflation is finally in the right range, making them comfortable to start cutting. The market went on a huge rally, with the S&P 500 ($SPX) (SPY) hitting almost 5,800 for the first time after the announcement. 

This week should be a lot less exciting from a news perspective, but there are still several announcements to be aware of.

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