The trader is working on the New York Stock Exchange (NYSE) floor in New York City on May 12, 2022. The Dow Jones Industrial Average fell in the morning trading as investors continued to worry about inflation and other global issues.
Spencer Pratt | Getty Images
The most important news items that investors need to start a trading day are:
1. A vigilant market
US stock futures were a bit expensive In front of the bell on WednesdayInvestors were looking forward to new inflation data coming late in the morning. The three major indexes fell on Tuesday as the market began to digest the first reports from the earnings season. Several major Wall Street banks will announce results this week. Morgan Stanley When JP Morgan..
2. Significant inflation report
A woman buying a T-shirt in Rosemead, California, June 28, 2022.
Frederick J. Brown | Afp | Getty Images
The latest Consumer Price Index report is set to hit Wednesday at 8:30 am ET. According to Dow Jones, observers are expecting another hot reading, which is now up 8.8% year-on-year. Inflation is skyrocketing at a rate not seen for 40 years, putting pressure on consumer sentiment, despite Americans continuing to spend at high levels.Investors Aspiring for signs that inflation could peakBecause the Federal Reserve is considering whether to raise interest rates by 50 or 75 basis points at the next meeting.
3. Alphabet delays adoption
On June 9, 2022, a woman handed over her logo from web search engine provider Google at the digital society festival “re: publica” held at Arena Berlin in Berlin, Germany.
Anegret Hills | Reuters
Google parents alphabet The latest company To start slowing employment In Silicon Valley. In a note to employees, CEO Sundar Pichai said that the tech giant “is more urgent, sharper focus, and more entrepreneurial than we showed on a sunny day. You need to work with. ” The employment market remains strong, but there are signs of warning from the tech industry. The sector has been working to lower stock prices after helping to lead the growth of the stock market for several years.Formerly Facebook parent Meta In May it said it would slow down its employment Amazon Executives describe the e-commerce leader’s warehouse as “overstaffed.”
4. Twitterv mask
The Twitter logo and trading information will be displayed on May 3, 2022, when traders are working on the floor of the New York Stock Exchange (NYSE) in New York City, USA.
Brendan MacDermid | Reuters
twitter Chased the threat Sue Elon Musk For withdrawing from his $ 44 billion deal to buy a social networking company. Twitter filed a lawsuit in Delaware on Tuesday Tesla And SpaceX CEO will fulfill the agreement. The company, which accuses Musk of acting “maliciously,” seeks a four-day trial in September, but these proceedings are just the beginning of a costly, drawn-out court battle. there is a possibility. read more: Elon Musk-8 Ways to End the Twitter Story
5. Delta Air Lines Starts Airline Revenue
Delta’s passenger plane is depicted outside New York’s LaGuardia Airport on June 1, 2022, outside the newly completed 1.3 million square feet of $ 4 billion Delta Air Lines Terminal C.
Mike Seger | Reuters
Delta Air Lines On Wednesday, fares surged, providing a first taste of how airlines behave, while cancellations surged amid overwhelming travel demand and staff shortages. Delta recorded revenue This is higher than Wall Street’s expectations, with both sales and costs expected to increase in the third quarter.rival United Airlines When American Airlines Next week, we will report quarterly results.
– CNBC’s Yun Li, Patti Domm, Jennifer Elias, Kif Leswing, Lauren Feiner, and Leslie Josephs contributed to this report.
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