Stocks pace towards worst start since 1970

The week ahead will bring to an end the second quarter and the first half of what has been a challenging 2022 for investors.

Several key economic reports, including core PCE inflation – the Federal Reserve’s preferred measure of consumer prices – are on tap, along with earnings from Nike (NKE), Jefferies (JEF), Micron Technology (MU), and Bed Bath & Beyond (BBBY).

The S&P 500 rose by more than 3% on Friday and gained over 6% for the week, its second-best week this year and its first weekly…

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