Investors are cautiously awaiting US Consumer Price Index (CPI) data.

The Nasdaq experienced a relatively stable recovery week, and the S&P 500 also rose to its highest level in nearly eight weeks, reflecting a relief in US investor sentiment. However, investors are showing more caution this week ahead of the release of the US Consumer Price Index (CPI).

Stock market investors are cautiously awaiting the upcoming release of US CPI data (Photo: TL).

US CPI data is expected to fall from 3.7% in September to 3.3% in October. However, the Fed's core CPI (excluding food and energy prices) is projected to remain largely unchanged.

CPI data also influences the Fed's decision on interest rate hikes. However, the FedWatch and CME Group's estimation tools predict an 86% probability that the Fed will keep interest rates unchanged in December.

As a result, after the trading session on November 13th, the Dow Jones index rose 0.16%, or 54.77 points, to 34,337.87 points. The S&P 500 index fell 0.08%, or 3.69 points, to 4,411.55 points. The Nasdaq Composite index fell 30.36 points, or 0.22%, to 13,767.74 points.

In European markets, the STOXX 600 index rose 0.75% to 446.62 points. Investors are also closely watching for Euro inflation data expected to be released this week.

London's FTSE 100 index rose 65.28 points to 7,425.83, Frankfurt's DAX index gained 110.61 points to 15,345, and France's CAC 40 index increased 42.02 points to 7,087.06.

Meanwhile, Chinese stocks showed more caution, with the Shanghai Composite rising 0.25% to 3,046.53 points. The CSI 300 blue-chip index fell 0.2% to 3,579.41 points.

Source: https://www.congluan.vn/gioi-dau-tu-than-trong-cho-doi-du-lieu-chi-so-gia-tieu-dung-cpi-cua-my-post272397.html