S&P Futures Tick Higher Ahead of Key U.S. Inflation Data, U.S. Debt-Ceiling Talks in Focus
Barchart - Fri May 26, 4:22AM CDT
Fri May 26, 4:22AM CDT
June S&P 500 futures (ESM23) are trending up +0.12% this morning after the S&P 500 and Nasdaq 100 closed sharply higher on Thursday as blowout guidance from Nvidia and progress on debt ceiling talks boosted market sentiment, while investors awaited a reading on the Federal Reserve’s preferred inflation gauge.
Nvidia Drives Tech Stocks Higher and Outweigh Debt-Ceiling Concerns
Barchart - Thu May 25, 3:36PM CDT
Thu May 25, 3:36PM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IU XX) (QQQ ) closed up +2.46%. Stock indexes Wednesday settled mixed, with the Nasdaq 100...
Quarterly results from Best Buy, Ralph Lauren and Dollar Tree show divergence in consumer spending
Associated Press - Thu May 25, 3:31PM CDT
Thu May 25, 3:31PM CDT
As inflation on necessities like groceries remains stubbornly high, the well-heeled consumer appears to still be spending, while the lower-income shopper continues to cut back their purchases, according to the latest batch of earnings reports