The Conference Board will release its June consumer confidence index on Tuesday. The figure is expected to be 100, down two points from May.And now moving on to what to watch Tuesday, June 25th, starting off with a new consumer confidence print for June on Tuesday.That number expected to decline to points and moving on to the fed tomorrow, we'll get two commentary piece of commentary from two fed governors Michelle Bowman and Lisa Cook.
And finally, we're gonna get some more earnings including fedex Carnival and Manchester United fedex reporting fourth core results after the close. -- Nvidia Corp. shares entered correction territory on Monday, as an ongoing selloff erased a historic amount of value for the AI-focused chipmaker.Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Global Raises $5.
Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.OTTAWA — Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four years.Canadian investors can consider gaining exposure to quality mining stocks such as Wheaton Precious Metals in June 2024.
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