5 things to know before the stock market opens Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Here are the most important news items that investors need to start their trading day.

Wednesday morning, even as shoppers pare back their spending on discretionary items and buy more essentials like groceries. "The consistent inflation, the running out of savings as well as just economic uncertainty in general is having an impact on their choices and they're making tradeoffs," said the company's chief growth officer, Christina Hennington. Digital sales fell as foot traffic at stores increased slightly.

– CNBC's Alex Herring, Melissa Repko, Christina Wilkie, Emma Kinery and Amanda Macias contributed to this report.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines