๐ June CPI Lands at 3.5%, Under Estimates โ S&P 500 Rallies Into Big Earnings Day
The S&P 500 climbed Tuesday after June inflation printed at 3.5% annually, below the 3.8% consensus estimate, with energy prices pulling back as the main driver. It's also a massive earnings day: Morgan Stanley, Johnson & Johnson, BlackRock, and United Airlines are all reporting, with analysts forecasting a second straight quarter of 20%-plus earnings growth. Not financial advice. Which earnings report are you watching most closely today?