Daveforceone
2022-06-08

Daily updates

Stocks rose for a second straight session on Tuesday even after Target issued a warning about its current quarter’s profits, which put pressure on the broader retail sector.

The Dow Jones Industrial Average gained 264.36 points, or 0.8%, to close at 33,180.14. The S&P 500 rose 0.95% to 4,160.68, and the Nasdaq Composite added 0.94% to 12,175.23. The indexes opened solidly lower but trimmed those losses and turned positive as the day progressed.

Signs of bullish trend till friday CPI data release.

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Comments

  • ElvisMarner
    2022-06-11
    ElvisMarner
    The rebound has come to an end, the index is about to find a bottom again.
  • LouisLowell
    2022-06-11
    LouisLowell
    current CPI will surely lead the Fed to raise rates by 75 basis points.
  • MortimerDodd
    2022-06-11
    MortimerDodd
    Retail is a bad time to invest.
  • HilaryWilde
    2022-06-11
    HilaryWilde
    The stock market is far from bottom.
  • DonnaMay
    2022-06-11
    DonnaMay
    The CPI numbers again exceeded expectations.
  • Susunehneh
    2022-06-08
    Susunehneh
    Warm up comment
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