SPY News: Inflation data, retail sales, Walmart earnings await a jumpy stock market: What to know this week - 12th Aug 2024, 2:02am

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A volatile week of trading action on Wall Street saw the stock market finish the week just about where it left off last Friday.

Panic hit financial markets on Monday as the unwinding of the yen carry trade spiked volatility after investors rapidly moved to price in higher odds of a recession and further easing from the Federal Reserve following last week's July jobs report.

In the latter part of the week, markets course-corrected as new data on weekly unemployment benefits cooled fears that th...

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