Wall Street Week in advance: Focus on inflation, trade conversations in the US China, Apple event | Einsmark news

Wall Street investors in the coming week are likely to focus on important inflation data and trade talks between the United States and Chinese officials. With the goal of the trade war, US and Chinese officials, including US Treasury Secretary Scott Bestent, trade secretary Howard Lutnick, Ambassador of Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeeng, will meet in London on Monday. As for the economic data, the market participant will receive data for the consumer price index and the producer price index. Next week’s earnings season will declare large companies such as Oracle, Adobe and GameStop their quarterly results. An important technical event will also be held in the coming week. Apple’s WWDC 2025, which will start on Monday, is expected to contain some important announcements and a first look at new updates for iOS, Watchos, Visionos, Macos, iPados and TVOs. Economic calendar on June 9 (Monday) will be released a report on wholesale stock for April. On June 10 (Tuesday), data on the NFIB optimism index for May will be declared. On June 11 (Wednesday) a report on the Consumer Price Index (CPI) for May will be released. On June 12 (Thursday), separate reports on initial unemployed claims for the week ended June 7 and the producer price index (PPI) for May will be declared. On June 13 (Friday) a preliminary report on consumer sentiment for June will be released. Earnings to businesses will report the first quarter results in the coming week -Casey’s general stores, Calavo producers, Lakeland Industries, GameStop, JM Smucker, United Natural Foods, Gitlab, Oracle, Chewy, Sailpoint, Adobe and Lovesac. Markets last week closed US stock indices higher on Friday after a better-than-expected report on the job market. The Dow Jones industrial average increased by 442.88 points, or 1.05%, to 42,762,62, the S&P 500 scored 61.02 points, or 1.03%, to 6,000.32 and the NASDAQ composition scored 231.50 points, or 1,20%, to 19.529. For the week, the S&P rose 1.5%, the Dow rose 1.17% and Nasdaq up 2.18%. In May, US employers delayed their rent, but still added a solid 139,000 jobs amid uncertainty over US President Donald Trump’s trade war. In the bond market, the return on the 10-year treasury increased to 4.51% from 4.39%. The yield of 2 years of treasury increased to 4.04% from 3.92%.