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Wall St Week Ahead-Data, Iran, US-China meeting in focus for scorching US stock market

News Snapshot:

The rallying U.S. stock market will take its cues next week ?from fresh inflation and consumer spending data, developments in the war in ?Iran, ?and a high-stakes meeting between the leaders of the U.S. and China. U.S. equities have been on a tear, with the benchmark S&P 500 up more than 15% from its low for the year, hit in late March. The strongest U.S. quarterly earnings season in more than four years has lifted sentiment for equities, while worries about worst-case ?economic fallout from the Iran war have abated and investors are jumping in for fear of missing out…

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