US stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields, with the PCE price index due Thursday. Futures now price in a potential Fed rate hike later in 2026, a stark contrast to earlier expectations. Key reports from Salesforce and Costco are awaited.

“Stagflation risk has gone up significantly. When we’re talking about increased inflation and falling growth, in that environment, most asset classes will struggle, including…

Volatility picked up this week as investors wrestled with a sharp rise in long-term Treasury yields.