Wall Street Week Ahead: Data, Iran, US-China meeting in focus for scorching US stock market

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Synopsis Indian markets are keenly watching upcoming inflation and consumer spending data, alongside developments in the Iran conflict and a crucial US-China summit. Strong corporate earnings have fueled a significant stock market rally, with investors now focused on potential resolutions in the Middle East and their impact on oil prices. The rallying U.S. stock market will take its cues next week from fresh inflation and consumer spending data, developments in the war in Iran, and a high-stakes meeting between the leaders of the U.S. and China. U.S. equities have been on a tear, with the benchmark S&P 500 up more…

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