Consumer spending, inflation, and housing are 3 things to watch in the market next week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 28 min. at publisher
  • 📊 Quality Score:
  • News: 101%
  • Publisher: 72%

Earnings Nyheter

Retail Industry,Breaking News: Business,Technology

Wall Street advanced during this holiday-shortened trading week.

Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the week slightly higher. The Dow , which had recently come off the boil, was the big weekly winner. Nvidia was the big story of the week, surging to all-time highs Tuesday and overtaking Microsoft as the most valuable company in the U.S.

Since shelter costs are the largest single component of the inflation basket of prices, we can use these reports to get a sense of where home prices are headed and therefore inflation more broadly. Earnings While no Club companies are reporting in the week ahead, there are notable earnings from outside the portfolio to consider.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

A new Wall Street survey paints a positive picture for these 4 consumer stocks we ownThe Club's consumer-facing stocks are well-equipped to handle a bifurcated U.S. economy.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Jim Cramer's top 10 things to watch in the stock market WednesdayStocks jumped after the May consumer price index came in cooler than Wall Street expected.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Main Street or Wall Street: Who Has the Correct Market Prespective?Stocks Analysis by Jeffrey Roach covering: S&P 500, Target Corporation. Read Jeffrey Roach's latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Stock market could drop 5% or more before end of 2024: Wall Street analyst warnsCFRA Research’s chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the econom…
Källa: nypost - 🏆 91. / 67 Läs mer »