Wall Street will be watching Friday morning for data from a key inflation measure the Federal Reserve watches closely.closed little changed on Thursday, ending the day just 0.09% higher, as investors wait for fresh inflation data . TheA shopper carries an H&M bag in the Georgetown neighborhood of Washington, DC, US, on Thursday, May 30, 2024.the Federal Reserve watches closely. The personal consumption expenditures price index is expected to show little, if any, monthly increase for May.
But even still, home prices are 47% higher than they were in early 2020, and the median sale price is five times the median household income.that fell short of expectations and slashed its full-year adjusted profit outlook. The retail pharmacy giant said it was facing a "challenging" environment. ″'We assumed ... in the second half that the consumer would get somewhat stronger" but "that is not the case," CEO Tim Wentworth told CNBC.
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