Don't just focus on inflation! Societe Generale: Initial jobless claims data approaching 250,000 becomes a "red line" for US stocks.

Wisdom Finance APP learned that, as the S&P 500 index hits a new high, Societe Generale Bank of France stated that inflation indicators are still the most closely watched macroeconomic factors, but stock investors should pay attention to US labor market data. Manish Kabra, head of US stock strategy at Societe Generale Bank of France, stated, "Consumer Price Index (CPI) and Producer Price Index (PPI) are the most closely watched data, but for stock investors, it is crucial that the initial jobless claims in the United States remain below 250,000."