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Market Advances Monday after Biden Steps Down From Reelection

moomooニュース ·  16:03

The market climbed Monday. The  $S&P 500 Index (.SPX.US)$ advanced 1.08%, the    $Dow Jones Industrial Average (.DJI.US)$ climbed 0.32%, and the     $Nasdaq Composite Index (.IXIC.US)$ climbed 1.54%.

This week in macroeconomic news, investors are awaiting PCE results on Friday. Throughout the week, investors will watch for lesser inflation gauge indexes, like quarterly GDP estimates for the second quarter on Thursday. Wednesday, PMI will show the producers' feelings about the prices.

Tuesday, existing home sales for June will illuminate any changes to the housing market this summer.

Traders, what are you watching today?

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