S&P 500 Hovers Near Resistance With PPI Set to Test Market Direction
From Investing.com: 2025-06-12 03:03:00
The S&P 500 dropped slightly on Wednesday, with the BTIC futures trading lower despite the cash market moving in the opposite direction. The PPI report today may provide more insight into the manufacturing sector, which has been on the rise. Oil prices surged above $68, potentially heading into the mid-$70s. President Trump plans to detail tariff rates soon, impacting trading above 1.15, signaling a potential move toward 1.19 for EUR/USD.
Source: https://mottcapitalmanagement.com/trump-tariff-talk-sparks-euro-breakout-oil-eyes-mid-70s-as-stocks-drift-lower/
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