Forget Earnings! The Most Important Data Release of the Month Is Imminent, and It's Likely to Rattle the Stock Market.
For most investors, earnings season is the pinnacle of each quarter. The six-week period where most S&P 500 (SNPINDEX: ^GSPC) companies lift the hood on their quarterly operating results provides insight into the health of corporate America and the sustainability of bull and bear markets on Wall Street. But something even more important than earnings releases is slated for today, and it has the potential to rattle the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500, and Nasdaq Composite (NASDAQINDEX: ^IXIC). Investors, buckle up, because it's inflation report day!