"Wall Street Watches and Waits: US Stocks Muted as Traders Brace for Economic Data and Earnings"

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Source: Yahoo Finance
"Wall Street Watches and Waits: US Stocks Muted as Traders Brace for Economic Data and Earnings"
Photo: Yahoo Finance
TL;DR Summary

US stocks were mostly flat as investors awaited retail earnings and the upcoming PCE inflation report. Tech stocks showed some positivity, while bitcoin reached two-year highs. Macy's announced plans to close 150 stores, reflecting the impact of digital shopping on legacy retailers. The US housing market continues to face challenges, with Whirlpool forecasting flat sales in North America and no significant improvement until 2026.

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