Wall Street faces a critical week with key events including the US Consumer Price Index report expected to show rising inflation, Apple's annual developer conference focusing on AI updates, and the highly anticipated SpaceX IPO aiming to raise $75 billion. Recent strong US jobs data has increased concerns about prolonged high interest rates, causing a sharp market selloff last week. Investors will watch inflation reports closely for clues on Federal Reserve policy, while Apple's conference and SpaceX's IPO will test appetite for tech growth amid market volatility.
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
The FAA has approved SpaceX to resume Starship prototype flights after identifying the cause of a booster failure in May. The next launch, planned for July 16, will be the second flight of the Starship V3 and will carry the first third-generation Sta...
