Wall Street opened mixed today as S&P 500 edged lower by 0.4%, led by weakness in consumer discretionary stocks. Business finance broker insights highlight that retail earnings forecasts remain cautious due to lower household spending data reported yesterday. “verifi enables us to carry on managing the risks in our business, whilst continuing to support our brokers, suppliers and customers with the high level of service they are used to receiving from us.” Pioneering Broker of the Year – sponsored by NatWest Winner: Lime Finance Solutions Highly commended: Clifton Private Finance Banking sector performance improved, with major US lenders posting better-than-expected Q2 profits. Business finance broker updates show net interest margins widening, potentially boosting sector earnings per share. Traders eye Fed rate signals for forward-looking positions.
