Flat
S&p500 and Nasdaq are pretty flat at the moment. Investors are probably waiting for the release of PCE index on Friday.
If inflation comes in favourably, this rally could continue into July.
But of course if it disappoints, then the expectation of rate cut could be pushed back again, and the market couldn’t like it
If inflation comes in favourably, this rally could continue into July.
But of course if it disappoints, then the expectation of rate cut could be pushed back again, and the market couldn’t like it
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