Stock Market Today: Dow wraps up strong H1 as Apple closes above record $3T By Investing.com

last month, well below expectations for 0.6% and below the 0.4% from a month earlier. In the 12 months through May, PCE rose 3.8%, missing economists forecasts of 4.6%.

The slower pace of inflation may not be enough to stop the Fed hiking in July, Pantheon Macroeconomics says, if next month’s inflation data and monthly jobs report come in hot. “Our base case, though, is that these data will be on the softer side, so we think the chance of a further hike is about 40%,” it added. “And if they don’t hike in July, they’re probably done.”also eased worries that the Fed is likely to lean hawkish.The broader market melt-up was led by an Apple-infused charge in tech after iPhone maker closed above $3 trillion for the first time ever.

The move in Apple Inc comes at time when the “Street has severely underestimated the massive installed base upgrade opportunity around iPhone 14,” Wedbush said, touting “mini supercycle” ahead for iPhone upgrades with the release of iPhone 15 expected later this year. Meta Platforms , meanwhile, jumped 3% after the UK closed its probe into the social media giant's sale of Giphy to Shuttershock.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Stock market today: Dow ends down as Powell talks up more rate hikes; Tech climbs By Investing.com*DOW ENDS DOWN AS POWELL TALKS UP MORE RATE HIKES; TECH SHARES CLIMB $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
منبع: Investingcom - 🏆 450. / 53 ادامه مطلب »

Stock market news today: Biden considers new curbs on AI chips to ChinaUS stocks fall after the White House considers new curbs on China's access to AI chips
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Stock market news today: Fed Chair Powell warns more interest rate hikesUS stocks close mixed as Fed Chair Powell says more rate hikes could be coming
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Stock market news today: Stocks rise after upbeat dataUS stocks rise as traders digest upbeat economic data
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Stock market news today: US stocks rise on positive economic dataUS stocks rise after fresh batch of positive economic data and bank stress tests
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Stock Market Today: Nasdaq jumps 1% as Fed's preferred gauge shows slower inflationMarketWatch Live: Nasdaq jumps as Fed-preferred gauge reflects cooling inflation
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »