Inflation Is Not Falling Fast Enough As Debt Ceiling Deal Looms

The PCE came in higher than expected and inflation is not falling fast enough, notes Jay Woods. He discusses stocks and important information to watch in the markets this week. He talks about how Salesforce 9CRM) earnings come out today, and CRM is the best performer in the Dow year-to-date. He mentions that market breadth is a focus and will continue to be a focus over the coming weeks and investors should watch the 4200 level on the S&P 500. He then goes over technical levels to watch in the market as stocks extend Tuesday's weakness. Tune in to find out more about the stock market today.