The most important news items that investors need to start a trading day are:
The trader is working on the floor of the New York Stock Exchange (NYSE) in New York City, USA on June 30, 2022.
Brendan MacDermid | Reuters
The earnings season begins this week as several large companies, including major Wall Street banks, report quarterly results. Monday futures fall After Friday, it brought a stronger work report and a week of overall stock wins than expected. Despite a good start in the second half, especially given the terrible first half of equities, investors are watching for signs of slumping consumer demand and continued supply chain problems. Here’s a big report coming up this week:
Musk’s plans to buy Twitter have plagued policy makers around the world.
Joe Skipper | Reuters
Social media giant share twitter Fell into Pre-market trading on MondayOver 2 days Elon Musk He said he wanted to close his $ 44 billion deal to buy the company. Twitter then states that it will pursue legal action to force Mask to complete the transaction. It’s been an uneasy pairing since Musk first said he wanted to buy the company. His interaction with Twitter Awkward at best, harsh at worst, the solution doesn’t seem to come in a few days..
Pedestrians will carry their shopping bags in San Francisco, California, USA on Wednesday, June 1, 2022.
David Paul Morris | Bloomberg | Getty Images
Treasury yields have fallen a bit Early Monday morning, investors are set to analyze some key economic data this week after digesting Friday’s strong June employment report. Inflation is expected to remain high in the June consumer price index, which falls on Wednesday. On Thursday, the Producer Price Index will provide investors with another snapshot of US inflation. Then, on Friday, traders will grab the University of Michigan’s latest consumer sentiment report on retail sales this month and June.
Despite the strong backlash, the factory remained cautious about hiring more staff as employment declined for the third straight month.
Str | Afp | Getty Images
Chinese manufacturers are facing Pulling back demand From US and European consumers suffering from historic levels of inflation. Fares that surged during the Covid pandemic have fallen a bit, but demand may be prolonged. “This decline in demand isn’t a recession yet, but things seem to be heading into problematic waters,” Shabsie Levy, founder of digital supply chain platform Shifl, told CNBC.
Natalie Portman and Chris Hemsworth have appeared in Marvel’s “Thor: Love and Thunder”.
Disney“Thor: Love and Thunder” was the king of the weekend, but the numbers are Even better news for the movie industry.. The latest Marvel Cinematic Universe entry has earned $ 143 million domestically, but weekend box office revenues, including box office revenues for movies such as “Top Gun: Maverick” and “Elvis,” start at $ 200 million. It could be $ 250 million. Compared to a similar pre-pandemic weekend in June 2019, when Sony and Marvel’s Spider-Man: Far From Home, Disney’s Toy Story 4 and Aladdin earned $ 185 million in box office revenue. please.
– CNBC’s Tanaya Macchel, Ryan Browne, Matt Clinch, Su-Lin Tang, Evelyn Cheng and Sara Whitten contributed to this report.