S&P 500 Loses Over 1% As Investors Brace For Shaky Earnings Season, Looming Inflation Report

S&P 500 Loses Over 1% As Investors Brace For Shaky Earnings Season, Looming Inflation Report

Topline Stocks fell on Monday as markets brace for the start of earnings season—with several major companies reporting quarterly results this week, as investors also remain nervous about the upcoming June inflation report and what it could mean for the economy. Enough already: Markets are expecting another red-hot inflation report this week. Spencer Platt/Getty Images … Read more

No mail Monday, banks, stock market closed

No mail Monday, banks, stock market closed

Unlike last year, this Juneteenth the United States Postal Service won’t deliver mail and the stock market will be closed. Why it matters: Since the newest federal holiday fell on a Sunday this year, Monday is when most businesses and the federal government will officially recognize the date in 1865 when enslaved people in Texas … Read more