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Retailers Face Headwinds as Rates Rise | Peoria News
Stocks dipped slightly today, but still hover near record highs as big companies report blockbuster earnings—up 50% for the spring quarter, the best in five years. Upcoming reports from Home Depot, Target, and Walmart could reveal how consumer spending is slowing amid shaky incomes and stubborn inflation. Oil prices remain volatile, while Treasury yields climbed on stronger manufacturing data, adding pressure on the Fed to hike rates—though recent inflation signals offer a glimmer of hope that rate hikes might be delayed. Listen in comfort:Get a discount on a Soli Pillow…
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