Stocks advanced Tuesday as investors continued building on the new year’s early rally while awaiting economic data and corporate earnings coming later this week. The Dow gained 0.56%. The S&P 500 rose 0.70%. The Nasdaq popped 1.01%.
. "I think there's probably a 50% chance that's right, I think there's a 50% chance it'll have to be 6. That's, you know, I don't know."Fed Governor Michelle Bowman said Tuesday, with higher rates to prevail for a while until inflation is subdued.
"Our sense is that there could be some additional near-term follow through, especially if December's CPI print comes in light once again on Thursday morning," Senyek wrote.
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