Cautious optimism from US equity markets
The US equity markets experienced a subdued uptick, with the Nasdaq gaining 6.76% month-to-date (MTD), the S&P 500 rising by 3.89% MTD, and the Dow Jones adding a modest 36 points, or 0.09%. Traders are waiting with bated breath as they await inflation data, which could set the tone for the direction of the market in the upcoming months.
In contrast, the ASX 200 faced a slight decline after a hotter-than-expected inflation report for May. Read more to understand how the equities market in other countries are performing.
Disclaimer:
Several key economic events are on the horizon that could further influence market sentiment. Traders will be seeking clues on interest rate changes, which could impact economic forecasts and market sentiment.
Publication date: