US stocks shrugged off early weakness driven by the right-regime-shift in European elections, treading water on Monday, at least on the surface, following Friday's strong Payrolls report and ahead of a big macro Wednesday, featuring both the May CPI reading and the scheduled June FOMC meeting. Small Caps had a wild day, swinging from considerable losses at the cash open to modest gains by the close. All the majors ended slightly higher on the day with a new ATH for the S&P 500...
's big AI announcement at its WWDC was a bit of a flop... Source Bloomberg For some context... MAG7 stocks went sideways again admittedly at record highs... Source Bloomberg Treasury yields modestly extended Friday's payrolls spike higher with the long-end underperforming 30Y 4bps, 2Y unch on the day which eft the yield curve 2s30s unch from pre-payrolls... Source Bloomberg The dollar ended marginally higher, but gave back most of the day's overnight gains during the US day session..
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: bbcemt - 🏆 120. / 51 Read more »