After a Quiet Day on Wall Street Yesterday, Investors Await Friday’s May Inflation Report JUNE 07, 2022

Gasoline is up 90% this year, with drivers in 10 states and Washington DC paying more than $5 a gallon. Jay Young of King Operating Corp discusses the outlook of energy as more than 80 trade groups call on the Biden administration to take action. Plus, Apple made some surprises as its annual Developers Conference, as it plans to venture into the Buy Now, Pay Later space. Alex Kantrowitz of Big Technology breaks down the key takeaways from the event. And, investors are awaiting Friday’s May inflation report, as well as Janet Yellen’s two-day Capitol Hill testimony before the Senate Finance Committee. Matt Maley of Tiller Tabak and Ellen Zetner of Morgan Stanley weigh on what this means for the broader markets.