[PREDICTION] How will SPY close on Tuesday 13 Sept?
Click to vote. Guess How will $SPDR S&P 500 ETF Trust(SPY)$ close on Tuesday 13 Sept? If you get correct answers, you can get 10 Tiger coins.
U.S. stocks rose Monday, continuing a relief rally that began last week when all three major averages snapped three-week slumps. The Dow Jones Industrial Average gained nearly 230 points, or 0.7%. The S&P 500 rose close to 1.1%, and the Nasdaq Composite added about 1.3%.
The consumer price index will be released Tuesday at 8:30 a.m. ET, and the report could be a bit messy since headline inflation is expected to fall while core inflation, excluding energy and food, should rise. The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting. The report is also key because it is expected to influence the Federal Reserve’s decision on how much to raise interest rates next week — and more importantly, in the long term.
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The event will last until 23:00 on Tuesday 13 Sept? SGT.
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[PREDICTION]How will SPY close on Tuesday 13 Sept?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
The US markets are currently fueled by investors' optimism that inflation is on its way down and commodities prices are dropping.
There is also less uncertainty about high interest rates hikes. The prediction is that the Feds will raise interest rates by 75 BP in September is also factored in.
I predict that SPY will close Green on Tuesday 13 September.
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