The stock market was calm on Monday before a wave of key retail earnings reports and Federal Reserve Chairman Jerome Powell’s Jackson Hole speech in the week ahead. The S&P 500 and Nasdaq Composite were hovering around breakeven. “Stocks continued to run with good news and shrug off bad news last week, pushing to multiple record highs despite mixed inflation data,” writes Chris Larkin, managing director, trading and investing at E*TRADE from Morgan Stanley.
