This week's CPI and PPI are the key data.
This week, the focus is on whether the Fed will cut interest rates because of CPI or the economy.
If CPI is too cold, the market's concerns about the economy will increase, which will cause the market to continue to fall.
This will make the market more sensitive to the next retail data and the number of initial unemployment claims. If both reflect economic concerns, it is not ruled out that the market will be further under pressure.
