From Investing.com: 2024-06-10 16:06:19

The S&P 500 and Nasdaq hit record highs as tech leads the way before the Federal Reserve interest rate decision. The S&P 500 rose 0.3% to 5,362.70, Nasdaq added 0.4%, and the Dow gained 0.2%. Apple unveils Apple Intelligence platform while Nvidia gains but AMD stumbles. Tech giant stock fell 2% at the news. Investors await the Federal Reserve meeting on Wednesday and are eyeing the CPI data for inflation. Citi economists expect rate cuts to begin in September instead of July. Huntington Bancshares falls over 6%, dragging financial sector, as Southwest Airlines attracts activist investor interest, with stock up over 7%.



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