June consumer data, Apple's WWDC concludes: What to watch
Yahoo Finance's Julie Hyman and Josh Lipton break down what to watch on Friday, June 14.
Cleveland Federal Reserve President Loretta Mester, Chicago Fed President Austan Goolsbee, and Fed Governor Lisa Cook are all expected to deliver remarks after interest rates were held steady in June.
The preliminary consumer sentiment reading for June is set to be released. Economists forecast it will rise to 72 from 69.1 in May. Apple (AAPL) will also conclude its Worldwide Developers Conference.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Melanie Riehl
Video transcript
Time now for what to watch Friday.
June 14th, starting off with the FED will get some fed commentary from FED presidents, Loretta Mester and Austin Goolsbee, as well as fed Governor Lisa Cook.
This comes after the FOC decision where the FED held rates, steady fed chair Jerome Powell saying during his news conference at the recent consumer price price index print was encouraging but that the FED is looking for more good data to bolster confidence in inflation and take a look at the economy.
The preliminary consumer sentiment reading for June coming out in the morning economist forecasting that number to increase to 72 giving us more insight into the health of the consumer.
This coming after two consecutive months of declines.
And finally Apple is wrapping up its worldwide developers conference tomorrow uh tomorrow.
Some of the biggest announcements so far include Apple, launching an A I system of its own called Apple Intelligence and integrating open A is chat GP T into Siri voice assistance.