Welcome everyone to Wall Street Lunch. I'm Rina Sherbal filling in for Kim Khan.

I'm coming at you live from Seeking Alpha's first ever Investing Summit.

Some of our insights that we've heard so far from analysts and contributors and

general investing VIPs. You'll hear a few clips and a few insights from them

soon. But first to the markets US stocks on Tuesday open largely flat

as investors showed little reaction to the latest retail sales data. Wall Street is

looking to keep its momentum going after coming off its 30th record close of the year.

Before the opening bell, the US Census Bureau reported a 0.1% month over month rise in retail

sales in May to just over 703 billion lower than the

expected increase of 0.3 percent. April's reading of unchanged was revised down to

a fall of 0.2 percent. meanwhile core retail sales slipped 0.1%

month over month in May versus an anticipated climb of 0.2%.

Minutes after the start of regular trading, S&P 500 was slightly up by 0.06%.

The Blue Chip Dow was also up by 0.1%, and the Tech Heavy NASDA composite was up 0.09%.. U.S. Treasury yields were lower after the retail

sales report.

Market participants will also be hearing from a slew of Federal Reserve speakers

on Tuesday, especially for further comments on monetary policy

after the Central Bank's interest rate decision last week.

The Fed's updated dot plot came in slightly more hawkish than anticipated.

As for the federal reserve and how many rate cuts we may be anticipating,

Investco's chief global market strategist Christina Hooper is projecting two of them by the end of

the year, while KPMG Senior Economist Kenneth Kim is I N6 in 2025.

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