Can you tell us more about the role of the market intelligence desk team within Nasdaq?
The Nasdaq Market Intelligence Desk (MID) is a special team that provides NASDAQ-listed companies to give real-time market insight related to their stock and trading activity in the industry, as well as influence the insight into news and events. Each listed company is assigned a dedicated middle director, which offers sewn support, including unusual trading activity, colleague comparison, technical comment and alert on macroeconomic updates. This active engagement investor helps the relationship teams and officials to be informed on their stock and day-to-day trading activity in the industry. Our goal is to be a reliable source for our listed customers.
At the top of it, our team executes all the first trade IPOs for the new NASDAQ listed companies. This involves managing the IPO cross, coordinating with the underworter and executing your first business as a publicly listed company. This dual role as the middle director and NASDAQ Execution Officer (NEO) allows us to serve not only for the management team of listed customers, but also the trading desk and investment bankers of the underwriting teams as a relationship builder.
Consumer expenses have been relatively strong, but we have begun to see the impact of tariffs in recent CPI reports. How are you affecting these changes to our listed companies?
The current economic landscape is marked by a mixture of positive and related indicators.
The Consumer Price Index (CPI) is considered a major gauge of inflation as it measures average changes with time (monthly and annual) in prices paid by consumers for everyday goods. The manufacturer price index (PPI) measures average changes in the prices of good sales to consumers over time while the monthly retail sales report provides consumer health and thus insight into the economy. Consumers spend about two-thirds of the US accounts for GDP.
The total CPI was 0.3% (month/month) in June after an increase of 0.1% in May. In May, the total CPI left 2.7% year of year, vs. 2.4%. The core CPI (which excludes food and energy), has increased 0.2% (m/m), which was slightly better than expected, but increases the price increase in the apparel and the furnishing tariff-monitoring inflation. The manufacturer price index (PPI) remained unchanged (m/m), which supports a disruptive story suited to the Federal Reserve. Retail sales saw an increase of 0.6% in June, indicating fresh consumer power, while early unemployed claims continue to decline, a solid labor market indication. Consumer Bhavna has improved at a five -month high level, which reflects the expectations of better inflation.
Economic behavior is changing in response to economic uncertainties. The fears of inflation and supply chain concerns require monitoring of real -time sales to respond to multiple stockpilds, unstable expense patterns. Consumers with low-income delayed many non-essential purchases, rely more on purchase-pay-letter services and selected for private-labeled or discount brands. In contrast, high-or-I consumers continue to show flexible expenses patterns, especially in discretionary categories and financial products.
Corporate reflects mixed performance in guidance areas. Many companies have reduced their sales and profit forecasts, citing the performance and margin pressures of the uneven sector. Even strong artists face challenges with inventory management. Tariffs and Cost Presses are important, companies modified source strategies and delayed capital expenditure due to tariff uncertainty. The US tariff landscape is excessive liquid, pricing and sourcing challenges for brands and complicates operating plans.
