Financial Market Updates and Costco's Pricing Strategy

Capping a strong month of May for stocks, Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to President Trump's social media post in which he accuses China of "totally" violating its agreement with the U.S. on tariffs. The president's post comes one day after a federal appeals court's temporary reinstatement of his sweeping tariffs that had been blocked by a lower court. The anchors discussed what the CEOs of Costco and Gap said about prices and tariff mitigation in connection with earnings. Also in focus: Milder-than-expected PCE inflation data, Dell earnings, Netflix's record run, How Uber shares have fared since David's interview with Elon Musk.

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