Home improvement retailer Home Depot Inc (NYSE:HD) is scheduled to hold its investor and analyst day on Tuesday amid a continued tough housing market, as consumers pull back their do-it-yourself project spending. Core prices, which strip out volatile food and energy, are expected to rise 5.3% for the year and 0.4% for the month. Analysts expect prices for May to rise 4.1% over the year and 0.2% for the month. Analysts are expecting a reading of 88.5 versus 89 in the prior reading. The NFIB Small Business Optimism reading for May is due out at 6:00 ET (10:00 GMT). Here are three things that could affect markets tomorrow: Also expected on Wednesday, a new set of the Fed policymakers' outlooks on inflation, economic growth, unemployment and other data for the next few months. Economy NFIB small business optimism edged higher in may Jun. Stocks could get a further catalyst if inflation data comes in as or better than expected and the Fed does pause. small-business confidence dropped to the lowest level in nearly 9-1/2 years in June amid concerns about inflation, but demand for labor remained solid as. So, if your small business takes positive actions, such as researching which marketing initiatives deliver the best ROI, developing a recruitment strategy or. In fact, they haven’t felt this pessimistic since June of 2022, when inflation was peaking at 9.1. With earnings season largely in the rearview mirror, investors are optimistic that a Fed pause could boost big tech and other stocks, lifting the S&P 500 out of a bear market in the past few days. Growth Companies Small Business Optimism Slips 2 Points SMB owners reported lower profits in the last quarter and expect real sales volumes to fall in the first half of 2023, found the NFIBs survey. As it turns out, small business owners aren’t feeling very hopeful about the near future.

Small business optimism