Wall Street Updates

Upcoming Economic Data

Key reports on consumer sentiment, housing market activity, and inflation (PCE index) are due this week and could reshape investor expectations.

Corporate Earnings

Reports from major firms like Nike and FedEx are due this week. Their performance will be closely scrutinized as a gauge of consumer behavior and global demand.

Powell’s Congressional Testimony

Expect insights on the Fed’s interest rate outlook post-inflation numbers, with markets speculating on whether rate cuts could still materialize later this year.

Wall Street Steady Amid Middle East Tensions, Futures Cautiously Up

U.S. equities held steady today despite geopolitical tension in the Middle East. Futures for the Dow, S&P 500, and Nasdaq remain cautiously positive as investors await clearer signals from both Washington and Tehran.

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