Stock Market Stalls Amid Retail Earnings and Inflation Concerns

Reported 1 day ago

US stock futures dipped as Wall Street anticipates earnings reports from major retailers and watches for clues from the Federal Reserve on interest rate policy amidst ongoing inflation worries. With retail giants like Home Depot, Target, and Walmart reporting this week, investor focus is also on Federal Reserve Chair Jerome Powell's upcoming remarks at the Jackson Hole symposium, which could influence future monetary policy. Meanwhile, stock movements are affected by geopolitical tensions and company-specific news, particularly from the tech sector.

Source: YAHOO

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