Back to today’s briefing

Story perspectives

Wall Street Stays Steady Amid Tariff and Inflation Fears

6/1/2025

33 7

Left

Wall Street Weathers Turmoil

Wall Street wrapped up a turbulent week, with the S&P 500 holding steady. The Dow gained 54 points, while the Nasdaq slipped by 62. Gap's shares plummeted 20.2% amid tariff fears, contrasting with Ulta Beauty's impressive 11.8% surge following robust earnings. Despite a boost in consumer sentiment, concerns over tariffs and inflation linger as the Fed maintains interest rates.

Center

McDonald's Faces Outbreak

This week, all eyes are on McDonald's and Cisco Systems as they prepare to unveil their earnings. McDonald's grapples with the aftermath of E. coli outbreaks, while Cisco is anticipated to showcase growth in networking. Investors are anxious, seeking clarity on market stability amidst the looming threats of tariffs and inflation in the U.S.

1 of 2

Wall Street Weathers Turmoil

Wall Street wrapped up a turbulent week, with the S&P 500 holding steady. The Dow gained 54 points, while the Nasdaq slipped by 62. Gap's shares plummeted 20.2% amid tariff fears, contrasting with Ulta Beauty's impressive 11.8% surge following robust earnings. Despite a boost in consumer sentiment, concerns over tariffs and inflation linger as the Fed maintains interest rates.

1 / 2