The additional stimulus packages and the upcoming executive orders by President Biden might be the focus of this week. Initial cues from the U.S. Futures on Monday point to a broadly higher opening for Wall Street.
Asian shares finished mostly up, while European shares are trading down.
The Federal Reserve's monetary policy decision this week as well as reports on Consumer Confidence, Durable Goods Orders, New Home Sales, and Personal Income and Spending are the important announcements.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.