CNBC Daily Open: Wall Street rebounds, investors to monitor earnings and inflation data

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KOSPI Index,MSCI Inc,Home Depot Inc

This week, investors will gain more insight into consumer sentiment as Walmart and Home Depot release their earnings.

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribedipped 0.18%. At its lowest point on Monday, the S&P 500 was down nearly 10% from its recent high and the Nasdaq entered correction territory.

Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. The Marvel Cinematic Universe has earned more than $30 billion across 34 films since 2008, a record-breaking feat in the film industry. However, critics and fans believe the franchise has faltered since "Avengers: Endgame" in 2019, as evidenced by thethat its push for more streaming content may have contributed to this decline and is now shifting focus to quality over quantity.

After the S&P 500 experienced its worst day since 2022 on Monday — amid concerns about the unwinding of the yen carry trade — "There is no World in which the equity and Bond market reactions yesterday to a 7k beat in one initial claims number makes sense," Fitzpatrick wrote Friday. "All that shows you is that in the coming weeks we are likely to see increased volatility and outsized reactions to market news and data."CNBC's Sarah Whitten, Jesse Pound, Brian Evans, Lora Kolodny, Dan Mangan, Michael Wayland, Hakyung Kim, Pia Singh and Spencer Kimball contributed to this report.

 

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