Opening Bell: June 20, 2025

Market Trends & Consumer Behavior - Restaurant and bar weakness, coupled with retail sales decline, suggests consumers may be shifting towards grocery spending [1] - Market sentiment is uneasy, with uncertainty about sustained economic stability [1] - Walmart's performance is significantly tied to momentum factor trading, contributing to its recent decline [1] Oil Market Analysis - WTI oil price initially rose above $76 but later fell below $75, influenced by an inventory draw [2] - Potential US involvement in Iran introduces a two-week window of uncertainty for oil prices [3] - The oil market may face a moment of truth, with the underlying trend still pointing downwards [3] - Current market conditions suggest a possible oversold bounce in the absence of genuine supply disruptions [3] - Mid-$70s has been a routine price for oil in the past couple of years [3] - Monitoring call options activity in the oil market [4] Financial Institutions - Carver Bankorp, a community development financial institution, is mentioned in the context of the market open [2]