From Yahoo Finance: 2024-06-11 18:05:55

Today on Market Domination Overtime, the S&P 500 and Nasdaq closed at record highs while the Dow fell ahead of the Consumer Price Index release and Federal Reserve interest rate decision. Oracle missed earnings estimates but saw a stock jump after announcing a new partnership with Google Cloud and OpenAI. Big stories to watch include Fed Chair Jerome Powell’s press conference and Broadcom earnings. Apple led tech sector gains, Bitcoin had its worst day in weeks, and investors await the Fed’s policy meeting with hopes for rate cuts. Manulife Investment management’s senior portfolio manager discusses possible shifts in the Fed’s dot Plot and market implications. Despite market uncertainty, the outlook for equities remains positive.



Read more at Yahoo Finance: S&P 500, Nasdaq new highs, Oracle earnings: Market Domination Overtime