Page 5 - Michael Reinking News Today

August's inflation data will impact markets and the next Fed rate hike. Experts told Insider what to watch and what could come next for stocks.

"A 100 basis point move is again within the realm of possibility," said economist Peter Earle, referring to the upcoming Fed meeting next week.

The euro just slipped below the dollar for the second time this year. A top strategist explained how policy and politics are moving the currencies.

The latest batch of retail earnings point to a resilient consumer in these high-inflation times, analysts say.

US economic output slumped 0.9% in the second quarter after a 1.6% contraction in the first quarter, adding fuel to recession concerns.

According to JPMorgan, a reset in earnings expectations could spark a Fed pivot and lead investors to buy into stocks again.

Active or tactical investors and traders might want to lean into the market's volatility via high-quality, high-vol stocks.

A storm-damaged pipeline running from Kazakhstan to the Black Sea could take a big bite out of global oil exports in the near term.

Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed in correction territory, defined as a minimum 10% drop from its high.

After a choppy trading session for stocks, all three major benchmarks ended the day in the red.