News

Shoe Carnival came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.

Alphabet share price is trading near $172.2 in Friday’s premarket session, edging up from Thursday’s close of $171.8.

GBP/USD managed to rebound from the multi-day low it set early Thursday and ended the day with small gains. The pair struggles to gather directional momentum early Friday and trades in a narrow band below 1.3500.

United States Personal Consumption Expenditures – Price Index (MoM) meets expectations (0.1%) in April

United States Personal Consumption Expenditures – Price Index (YoY) came in at 2.1%, below expectations (2.2%) in April

Raising the retirement age to 70 would help Social Security’s trust fund shortfall. But experts say an across-the-board change may hurt some beneficiaries.

The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.

United States Baker Hughes US Oil Rig Count fell from previous 465 to 461

United States Michigan Consumer Sentiment Index registered at 52.2 above expectations (51) in May

The USD/CHF pair attracted bids after revisiting a near five-week low around 0.8185 during North American trading hours on Friday.