After the start of the new earnings season, U.S. stocks are basically in a state of narrow consolidation.
Fed Governor Lisa Cook believes that many indicators have passed their peak, but are still high, indicating that inflation has taken root widely in the economy. In the coming week, technology stocks represented by Google and Amazon will release results, and whether the best performing sectors this year can continue to be strong will be the key to breaking the current market calm. The data is uneven, but the overall situation of interest rate hikes is set.