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The Stock Market Faces Next Test as Inflation Looms Over Earnings Season

Investors anticipate considerations about hot inflation and strapped customers to dominate the corporate-earnings season that kicks off this week, creating winners and losers within the battered inventory market.

Stocks have come below stress this yr with inflation hovering at a four-decade excessive and the Federal Reserve within the midst of an aggressive campaign to raise interest rates to rein it in. The S&P 500 has fallen 18% in 2022, even after rallying 3% to begin July.

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