5 things to know before the stock market opens Friday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 72%

Investment Strategy News

Economy,Markets,Business

Here are five key things investors need to know to start the trading day.

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.

 

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Friday's analyst calls: Solar stock gets a price target increase, Nike downgrades after earningsA solar stock and an apparel giant were among the names being talked about by analysts on Friday.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Jim Cramer's top 10 things to watch in the stock market FridayThe S&P 500 and Nasdaq are taking a breather Friday. But Adobe is surging after a tour-de-force quarter.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens FridayHere are five key things investors need to know to start the trading day.
Source: CNBC - 🏆 12. / 72 Read more »