People use their phones next to a display showing the stock numbers on the Hang Seng Index in Hong Kong on April 27, 2022. .HONG KONG, China —
Wall Street's three main indexes ended mixed on their first day after a long weekend, with sentiment clouded by the government bond sale and the Conference Board gauge of May consumer confidence. His comments come after several other Fed officials said they were cautious about cutting too soon and wanted to see more data proving inflation was coming back down to two percent.Investors are now pricing in one cut before the year's end -- compared with as many as six tipped in January.
Also on traders' minds is the upcoming meeting of OPEC and other key oil producers that is expected to see them rollover output cuts.