REUTERS/Brendan McDermid
- US stocks traded up Monday as traders look ahead to Tuesday's consumer price index data.
- The S&P 500 shed 1.1% last week, marking its worst five-day stretch of the year so far.
- This week's earnings include Airbnb, Coca-Cola, Kraft Heinz, AIG, and more.
US stocks traded slightly higher Monday as traders look ahead to a key inflation reading coming on Tuesday that could sway the Federal Reserve's policy plans.
Economists expect January's headline consumer price index reading to cool further to an annual rate of 6.2% from 6.5% the prior month, according to Bloomberg. But even fresh signs of disinflation won't mean the fight to rein in prices is over.