Reported about 1 year ago
The S&P 500 and Nasdaq closed at new highs as investors prepare for a big week, including a Federal Reserve meeting. The Dow also saw gains, with strength in the labor market influencing expectations around interest rate cuts. The tech scene had highlights from Apple's generative AI announcement, Nvidia's stock split, and retail insights from JPMorgan and RBC. Meanwhile, Southwest Airlines surged following Elliott Management's $1.9 billion stake disclosure. All eyes are now on the Fed's 'dot plot' and May's inflation data for further market insights.
Source: YAHOO