A while Day on Wall Street, stocks close in the day lower even as the NASDAQ and the S and P 500 hit record highs earlier in the session.I'm going to start with the flash PM IS that we got at 9:45 a.m. usually not a market moving report.And we saw yields which were negative on the day down a couple of basis points surge 45 basis points.This is S and P.
So this tells me that I need to be on alert the next couple of days for some more down action because we may be in a distribution top right here, similar to what we saw. I'm looking at copper and chips because both are actually up 23% this year, so I'm gonna show you a chart of both put together.And here, the Philly, the Philly Semiconductor indexes in purple.That's just coincidence or the same return amount for the year.So you're saying there's a relation between the red metal and the semis?So copper is a basic building block of chip of chips and also the infrastructure of how information is transmitted.
Two high-yield monthly income stocks are attractive options for dividend investors, including retirees. The post Dividend Investors Can Earn $500 Every Month or More With the Right Stock Offering a 6% Yield appeared first on The Motley Fool Canada.The Bank of Canada may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the recent trend of a slowing economy and continued easing of inflation, some economists said.
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