Markets Mixed as Investors Eye Inflation Data and Fed Updates

1 min read
Source: Investing.com
Markets Mixed as Investors Eye Inflation Data and Fed Updates
Photo: Investing.com
TL;DR Summary

U.S. stock futures rose slightly as traders returned from the Memorial Day holiday, with key inflation data and consumer confidence surveys in focus. The Federal Reserve's preferred inflation measure, the personal consumption expenditures price index, is set to be released on Friday. Meanwhile, the earnings season is slowing, but companies like Salesforce, Costco, and Ulta Beauty are still set to report. Alibaba Health saw a significant profit surge, and oil prices remained steady ahead of an OPEC+ meeting.

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