Here are the key events taking place on Friday that could impact trading including the latest on consumer inflation and sentiment and Stitch Fix shares.
The University of Michigan releases its preliminary index of consumer sentiment for June. The Refinitiv estimate is 58.0, down from May’s final reading of 58.
4 which was the lowest in almost 11 years as persistently high inflation soured the mood of consumers.plunged 16% after hours. The company is cutting around 15% of salaried positions as part of a plan to return to profitability. The layoffs come to around 330 positions. The company forecasted net revenue for the fourth quarter that is short of estimates.
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