From Investing.com: 2024-06-24 16:49:51

U.S. stocks traded mixed near record highs as investors await key inflation data. At market close, S&P 500 dropped 0.29%, Nasdaq fell 1.09%, and Dow Jones rose 0.67%. Indices are boosted by AI enthusiasm, with S&P up 15% and Nasdaq up 18% this year. However, 52% of respondents believe S&P 500 is overpriced. PCE inflation, Fed’s preferred gauge, due Friday, expected to remain above 2% target. FedEx and Micron set to report earnings this week. Crude prices stable on increased oil demand hopes, geopolitical tensions.



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