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Stock impact report

Futures mixed as inflation data, presidential debate in focus [Yahoo! Finance Canada]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
poised to shed further light on the monetary policy outlook, with the first U.S. presidential debate also on the watch list. The biggest event on investors' radar for the week is Friday's personal consumption expenditures (PCE) price index report- the Federal Reserve's preferred measure of inflation, expected to show moderation in price pressures. Market participants are still expecting about two rate cuts this year, with the odds of a 25-basis-point cut in September standing at 60.4%, as per LSEG's FedWatch. This comes against the backdrop of investors weighing the moderation in recent inflation data against the Fed's latest projection of one rate cut likely in December. The S&P 500 posted its third straight weekly gain and the blue-chip Dow recorded its strongest weekly performance in six in the previous week, which saw simultaneous expiration of stock and index derivative contracts, quarterly S&P 500 rebalancing, mixed economic data and Nvidia briefly becoming the world's mos Show less Read more
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