Consumer inflation data, Amazon stock split, Yellen testimony top week ahead
Inflation at the consumer level will be a major economic focus this upcoming week along with another round of corporate earnings and what could be more volatility for U.S. stocks.
The Nasdaq Composite, on Friday, fell 2.4%, the S&P 500 shed 1.6% and the Dow Jones Industrial Average fell over 1% or 349 points. The 10-Year Treasury yield rose to 2.955% as investors anticipate more rate hikes by the Federal Reserve.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
I:DJI | DOW JONES AVERAGES | 32899.7 | -348.58 | -1.05% |
SP500 | S&P 500 | 4108.54 | -68.28 | -1.63% |
I:COMP | NASDAQ COMPOSITE INDEX | 12012.733912 | -304.16 | -2.47% |
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Monday 6/6
Apple will also