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

United States United States Latest News, United States United States Headlines

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

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.
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »

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
Source: Investingcom - 🏆 450. / 53 Read more »

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…
Source: nypost - 🏆 91. / 67 Read more »