Stocks are on course (^DJI, ^IXIC, ^GSPC) to open Friday's session higher — the last trading day of May — on in-line inflation data from the PCE (Personal Consumption Expenditures) Index.

Former President Donald Trump was found guilty on all 34 felony charges by a New York jury in his criminal hush money trial, having an impact on shares of Trump Media & Technology Group (DJT).

Lastly, earnings out from big-box retailer Costco (COST) and fashion outlet Gap (GPS) may be indicating that the US consumer are still willing to spend.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.