Reported 12 months ago
U.S. stocks started the second half of the year higher with attention on Federal Reserve rate cut forecasts and the influence of big tech stocks. Stocks like Tesla were in focus for their second-quarter delivery figures, while the S&P 500 gained momentum driven by tech stocks like Nvidia. Investors are anticipating labor market data this week to gauge inflation pressure and potential Fed rate cuts, reflected in a slight rise in Treasury yields with the dollar index slightly lower following France's parliamentary elections. International markets saw positive movements, with France's CAC-40 up 1.8% and Britain's FTSE 100 gaining 0.3%.
Source: YAHOO