Equity markets (^DJI, ^IXIC, ^GSPC) will be paying extra close attention to this week's May CPI (Consumer Price Index) report and the Federal Reserve's...
May CPI report and the Federal Reserve's latest interest rate decision coming out of its June meeting, both occurring on Wednesday, June 12.Josh Shaver, Jerry and Madison Mills have that analysis.In the morning, we get Mays Consumer Price Index for Wall Street expecting an annual gain of 3.4% on a headline basis and 3.5% on a core basis.
We'll also get more guidance on the path of possible rate cuts in remarks from Be Chair Jerome Powell and shares of NVIDIA ticking slightly lower pre market as the stock starts to trade on a split adjusted basis. Generative a. I Apple marketing chief tweeting that out on the X, formally known as Twitter this morning that WW DC will be quote absolutely incredible.
Further weakness as Algonquin Power & Utilities drops 4.7% this week, taking three-year losses to 50%Dividend Investors: Top Canadian Utility Stocks For June
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