The extent to which inflation is weighing on shopping behaviour could become more evident with Thursday's earnings report from retailer Walmart. — Bloomberg
NEW YORK: Walmart's quarterly report in the coming week will give investors fresh insight into the health of US consumers, who are facing stronger inflation and uncertainty over whether President Donald Trump's tariffs will push up prices.
The benchmark S&P 500 stock index was up about 1% for the week, with stocks showing resilience despite a hot report on consumer prices that led investors to push back expectations of further interest rate cuts this year.
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