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US stocks hold near records as softer inflation boosts rate expectations

Softer inflation and lower odds of an additional Fed rate hike have kept the market supported, even as rising oil and weaker earnings reactions raise selectivity concerns.

Reported · Written up by our desk · Major Pairs

US stocks remain supported near record levels as expectations shift toward a slower Federal Reserve path, helped by softer inflation, according to Forexlive.

The outlet flags two growing risks for investors, elevated oil prices and a more defensive pattern in how stocks have been reacting to earnings.

While the overall tone is still described as constructive, Forexlive says traders are likely to need more selectivity as oil and earnings sensitivity become harder to ignore.

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