Market Holds Near Peak Amid Oil & Retail Pressure | Hattiesburg News

The stock market dipped slightly yesterday, but still clings to record highs, fueled by a surge in corporate profits—S&P 500 earnings per share expected to jump 50% this spring, the strongest growth in five years. Yet, retailers like Home Depot and Walmart face pressure from slowing consumer spending and stubborn inflation. Oil prices spiked on geopolitical tensions, adding to market jitters, while bond yields rose as manufacturing data and inflation fears nudge the Fed toward another rate hike. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab32979719db5486