Consumer companies rose amid optimism about the jobs market and inflation outlook.
In the week through June 21, jobless-claims filings dropped to 236,000, from a revised 246,000 the week earlier.
The May personal-consumption expenditure inflation index is expected to be muted, alleviating fears about tariff impacts.
Consumers are showing resilience amid economic uncertainty and higher prices, adjusting their shopping habits and cooking more meals at home, said spicemaker McCormick & Co. Chief Executive Brendan Foley.
Nike shares rose ahead of the sneaker giant's earnings report.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 26, 2025 17:13 ET (21:13 GMT)
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