Weekly: FOMC,May CPI, Apple WWDC and Musk's Pay to watch this week
@TigerObserver:
Last Week's RecapThe US Market - SPX hit a record highAll three of the major averages notched the first winning week of June, as the S&P 500 touched a record-high intraday on Friday.Nvidia powered the market to new highs to briefly break above a $3 trillion market capitalization and temporarily unseat Apple as the second most valuable company after Microsoft.Nonfarm payrolls increased by 272,000 in May, above the 190,000 estimate from the Dow Jones and April’s 175,000 gain. The unemployment rate ticked higher to 4%. That news sent the yield on the benchmark 10-year Treasury more than 15 basis points higher. The benchmark tumbled earlier in the week as the Bank of Canada and ECB both cut interest rates.Read more >>T