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WMT May 2024 80.000 call
- Yahoo Finance Video
CPI out this week, retail earnings, Biden tariffs: 3 Things
Market futures (^DJI, ^IXIC, ^GSPC) are having a refreshed outlook after all three of the major indices closed last week in the green. Stocks are preparing for the Consumer Price Index's (CPI) inflation data expected out on Wednesday, May 15. Amidst this week's CPI report, Wall Street is laser-focused on top retailers Home Depot (HD) and Walmart (WMT) who will be reporting earnings on Tuesday, May 14, and Thursday, May 16, respectively. Lastly, President Biden is expected to announce new tariffs sanctioned against China on Tuesday, which could significantly impact imports such as Chinese semiconductors and EVs. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance
Inflation and consumer spending updates ahead: What to know this week
A crucial reading of inflation faces investors in the week ahead after a string of disappointing reports to start the year dampened investors' interest rate cut hopes.
- Barrons.com
Fed Rate Cuts Remain Elusive. Why Markets Can’t Count on Inflation Data for Insight and 5 Other Things to Know Today.
Retail earnings to illustrate consumer spending patterns, inflation reading this week could confirm downward trend, and other news to start your day.
