Stocks Slip Lower, PayPal Slides, Fox Earnings On Deck, SBF Seeks Dismissals, Biden Debt Ceiling Talks – 5 Things To Know

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The Street

By Martin Baccardax Five things you need to know before the market opens on Tuesday May 9: 1. — Stock Futures Lower With Inflation Data In FocusU.S. equity futures slipped lower Tuesday, while the dollar held gains against its global peers and Treasury yields bumped higher, as investors looked to a crucial reading on domestic inflation later in the week while continuing to track weakness in the banking sector. Stagflation concerns continue to linger, however, as price pressures remain elevated in a robust job market while broader economic trends suggest near-term weakness. Overnight data from…

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