US Stock Market Review 6 – 10 May 2024
$Dow Jones Industrial Average (.DJI.US)$ +2.2%,
$S&P 500 Index (.SPX.US)$ +1.9%
$Nasdaq Composite Index (.IXIC.US)$ +1.1%.
-Financial markets expect the Fed to start its easing cycle in September. A handful of economists believe the first rate cut will come in July.
-Event to watch: 15th May US Core CPI, US Crude Oil Inventories, 16th US Initial Jobless Claims & Philadelphia Fed Manufacturing Index
MY Stock Market Review  6 – 10 May 202...