June Outlook: 3 Key Events to Eye as Investors Brace for No Rate Cuts in 2024

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June is expected to be another eventful month on Wall Street amid a trio of key market-moving events.In this piece, we will take a look at what investors can expect from the markets in June.

The gains came as tech shares extended their rally amid mounting optimism and excitement about growth prospects related to artificial intelligence.is on track to come out on top in May, with a roughly 7% gain heading into the final trading session of the month as investors piled into AI-related names, such as Nvidia , and the Invesco QQQ Trust ETF , I have been cautious about making new purchases as we enter one of the weakest months of the year historically.

Whether you're a novice investor or a seasoned trader, leveraging InvestingPro can unlock a world of investment opportunities while minimizing risks amid the challenging backdrop of slowing economic growth, elevated inflation, high interest rates, and mounting geopolitical turmoil.I regularly rebalance my portfolio of individual stocks and ETFs based on ongoing risk assessment of both the macroeconomic environment and companies' financials.

 

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