June PMI After the Bell: Headed for a Green Week?
From Nasdaq: 2024-06-21 10:26:00
The trading week may end in the red due to lower trading volumes in the summer months. The Dow and Russell 2000 are down month to date, while S&P 500 and Nasdaq continue to hit all-time highs. A.I. trade, led by NVIDIA and Apple, shows significant gains.
Services and Manufacturing PMI for June are expected to show growth above 50 but down month over month. Existing Home Sales for May and U.S. Leading Economic Indicators also pose market impact. Personal Consumption Expenditures data next week will be closely watched for inflation indicators.
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