As investors gear up for a crucial inflation report, stock futures show minimal movement. The market is on edge, waiting to see how the Federal Reserve will react to potential interest rate changes amidst rising equity valuations.
In May, inflation rose less than anticipated, with consumer prices increasing by 0.1% and the annual rate hitting 2.4%. While initial data shows a respite for consumers, experts warn about future tariff impacts on prices.
In a surprising twist amid economic uncertainty, Dollar General has raised its financial forecast, reporting a 2.4% sales increase as shoppers flock to dollar stores for better deals. CEO Todd Vasos shares insights on changing consumer behavior and tariff impacts.
The US economy faced a slight contraction due to tariff impacts and reduced household spending, while Canada enjoyed a boost from exports and India surpassed growth expectations at 7.4%.
U.S. stock futures remained stable ahead of Nvidia's earnings report, with the Dow recovering from a four-day slump. Okta shares dropped despite beating expectations, while investor focus shifts to tariff impacts on the market.
Tensions rise as Trump accuses Amazon of a 'hostile act' for displaying tariff impacts. With a history of fluctuating relations, what's next for Bezos and Trump? Stay tuned!
