"Markets Brace for Inflation Data and Earnings Season Kickoff"

1 min read
Source: Investor's Business Daily
"Markets Brace for Inflation Data and Earnings Season Kickoff"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures rose as Wall Street awaits the release of the consumer price index (CPI) on Wednesday. Expectations are for a 0.3% monthly increase in both overall and core CPI. Second-quarter earnings season begins this week, with Delta Air Lines, Cintas, and Fastenal set to report on Thursday. Tech stocks like Meta Platforms and Nvidia are among the best stocks to watch. Oil prices bounced back, and the 10-year U.S. Treasury yield ticked lower. Dow Jones stocks American Express, Salesforce, and Visa are worth watching, along with Chipotle, Dynatrace, Meta Platforms, MongoDB, and Nvidia. Tesla stock declined for a third straight session, while Apple and Microsoft stocks remain in focus.

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