15th June 2021 Morning Report

Yesterday, the S&P 500 and the Dow were marginally lower, after the S&P 500 hit a record closing high on Friday. Recent data has indicated that the U.S. economy is regaining momentum, but not overheating, reducing worries about inflation resulting in the S&P 500 reaching its recent all - time high. The technology driven Nasdaq also rose for the sixth time in the past seven sessions.

Investors await later this week for clues from the Federal Reserve about the outlook on inflation and the future of the Central Bank’s bond purchases. However, most observers don't expect a decision before August, when the Central Bank's annual Jackson Hole, Wyoming, conference occurs.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

January 22nd Morning Report
January 20th Morning Report
January 17th Morning Report
January 15th Morning Report
January 14th Morning Report
January 13th Morning Report
January 10th Morning Report
January 9th Morning Report
January 8th Morning Report
January 6th Morning Report