Various economic data released, with PPI hitting a 5-year low, Walmart beats earnings expectations.

From Nasdaq: 2025-05-15 10:46:00

This morning’s economic news includes Weekly Jobless Claims, PPI, Retail Sales, Empire State, Philly Fed surveys, and key earnings reports. Fed Chair Powell warns of upcoming inflation volatility. Pre-market futures show improvement after early declines. PPI hits lowest level in 5 years at -0.5%.

Retail Sales for April meet estimates at +0.1%, while Jobless Claims revert back to normal levels at 229K new claims and 1.81 million continuing claims. Empire State and Philly Fed surveys report modestly negative numbers.

Walmart surpasses Q1 earnings expectations, Alibaba reports mixed results, and Deere & Co. beats estimates on both top and bottom lines. Shares of Deere & Co. are up +5% in pre-market trading.

Zacks Investment Research highlights 5 stocks set to double in 2024, handpicked by experts. These stocks offer an opportunity to potentially gain +100% or more. Most picks are under Wall Street radar, providing a ground-floor opportunity for investors.



Read more at Nasdaq: Eventful Pre-Market: PPI, Retail Sales, Jobless Claims and WMT Q1