Wall Street week ahead: Spotlight on Federal Reserve rate decision, retail sales, Middle East, G7 summit (opens original article in a new tab)

Wall Street's shortened week focuses on the Federal Reserve's first meeting under Kevin Warsh, key economic data releases, and geopolitical events, with markets closing higher due to energy cost declines and SpaceX's performance.

• Wall Street's trading week is shortened with focus on Federal Reserve's first meeting under Kevin Warsh
• Investors monitor May retail sales, housing starts, and Philadelphia Fed manufacturing index for economic health
• Geopolitical events like G7 summit and Middle East developments may impact market volatility
• US markets closed higher last week due to energy cost retreat and SpaceX's public debut
• Fed's interest rate decision and Warsh's press conference scheduled for June 17