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- 169.785
- -3.377-1.95%
Close Jun 3 16:00 ET
176.552High169.268Low
175.800Open173.163Pre Close9.64MVolume1RiseLossP/E (Static)19.99MTurnover--Flatline1.19%Turnover Ratio2.46BMarket Cap6Fall1.73BFloat Cap
Constituent Stocks: 7Top Rising: AEVA+2.48%
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We had the latest CPI numbers. They came in slightly hotter than expected. But the market seems muted.
The hotter CPI may complicate things a little in Fed’s inflation fight. But I think it’s unlikely to change the probability of Fed pausing their rate hike campaign for the upcoming FOMC meeting, which is taking place next week. If anything, they will probably raise in Nov.
Anyway, whether the Fed pause or raise interest rate, volatility will likely be here to stay as the macro environ...
The hotter CPI may complicate things a little in Fed’s inflation fight. But I think it’s unlikely to change the probability of Fed pausing their rate hike campaign for the upcoming FOMC meeting, which is taking place next week. If anything, they will probably raise in Nov.
Anyway, whether the Fed pause or raise interest rate, volatility will likely be here to stay as the macro environ...
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katrinadsantos : The one that is not very good
newbeeeee katrinadsantos: Does being slack mean falling?
razo2 : they will raise rates next week. they won't pause. otherwise oil will fly so high it will send Biden and Jerome to the Wendy's dumpster fire. oil is going to spike up to the moon with no support from OPEC+ and SPR. the price to pay for backstabbing the middle eastern people.
PolyQ : i said inflation will be back last week. I think Fed will have to raise later if they pause this month.
PolyQ razo2: Saudi and Russia and Iran are pushing the oil price but I think Fed will pause this month and keep in next month when the numbers become unacceptable.
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