Wall St Week Ahead: Energy price spike adds market risk as earnings arrive By Reuters – Investing.com

Wall St Week Ahead: Energy price spike adds market risk as earnings arrive By Reuters – Investing.com

By Lewis Krauskopf

NEW YORK (Reuters) - U.S. stock market investors are gauging whether more volatility is ahead because of surging global energy prices, which could drive up inflation, erode profit margins and pressure consumer spending.

Stocks rebounded this week after Monday's losses left the down 5.2% from its record high hit in September. A truce in the U.S. Congress to avoid a debt default provided some relief, but investors remain worried about inflation, higher U.S. Treasury yields and the Federal Reserve's plan to unwind its easy money policies.