2 key inflation prints loom ahead of Fed rate cut decision: What to know this week

With the upcoming CPI report expected to show a slight increase in inflation, any economic surprises could impact investor sentiment. However, if inflation remains manageable, tech stocks may continue their upward trajectory. The Fed's readiness to cut rates could further benefit the market, particularly tech shares that continue to outperform. Overall, the tech sector appears robust as companies maintain strong earnings forecasts.

The expected quarter-point rate cut from the Fed could create favorable conditions for growth-oriented sectors, particularly technology. If inflation prints support continued easing, the likelihood of sustaining this growth trend increases, especially for major players in the tech sector.