With the initial excitement around the U.S.-China trade truce fading, investors are looking for the next trigger to move markets. Adding to the mix, President Trump announced that India has offered to “literally charge us no tariffs” on American goods, potentially paving the way for a new trade deal.
What’s at stake with April’s retail sales data and Walmart earnings?
April’s retail sales report is crucial for gauging how American consumers are holding up amid shifting trade policies and tariff concerns. Since consumer spending drives much of the economy, any sign of slowdown or strength here will matter a lot. Walmart (WMT), the retail giant, is set to release its quarterly earnings before the market opens. Investors will watch closely to see how Walmart and other retailers are handling uncertainty tied to tariffs and changing trade relations.
How will the Producer Price Index (PPI) affect market expectations on inflation?
Alongside retail data, April’s Producer Price Index (PPI) will give insight into inflation pressures at the wholesale level. The Consumer Price Index (CPI) earlier this week suggested some easing in inflation as tariffs took effect, but markets want confirmation. Inflation numbers are key for understanding whether the Federal Reserve will keep interest rates steady or adjust them.
What could Jerome Powell’s speech reveal about future interest rates?
Federal Reserve Chair Jerome Powell is speaking at a Washington conference, and investors will listen carefully for any hints about the Fed’s stance on interest rates amid ongoing tariff uncertainties. Policymakers have emphasized they need clear data before making decisions, so Powell’s comments could shape market expectations in the days ahead.
Why did oil prices fall sharply, and what does it mean for the market?
Oil prices dropped nearly 4% after President Trump said the U.S. is “close to maybe doing a deal” with Iran on its nuclear program. Brent crude fell below $64 a barrel, and West Texas Intermediate dropped under $61. Lower oil prices can impact energy stocks and broader market sentiment, especially with geopolitical developments in play.
Which other companies are reporting earnings and what’s the outlook?
Tech giant Cisco (CSCO) boosted its annual forecast Wednesday after AI-related demand surged, lifting its shares in premarket trading. CoreWeave (CRWV) also gave a strong AI-driven outlook but saw its stock fall due to higher-than-expected capital spending. Besides Walmart, companies like Alibaba (BABA), Applied Materials (AMAT), and Cava (CAVA) are scheduled to report earnings today, giving investors a broad view across sectors.
FAQs:
How will Walmart earnings affect stock market today?
Walmart earnings are expected to show how retail is coping with tariffs and could influence stock market today.
What impact will Jerome Powell’s speech have on the stock market?
Jerome Powell’s speech may reveal Fed’s plans on interest rates, shaping market moves and investor confidence.
