S&P, Nasdaq Notch New Closing Highs Ahead of CPI, Fed

From Nasdaq: 2024-06-11 18:08:00

The markets closed with the Nasdaq and S&P 500 setting new all-time highs as Apple’s shares surged 7.2% after unveiling A.I. upgrades at the WWDC. Oracle, on the other hand, reported missed earnings but gained 5% due to A.I. partnerships. Tomorrow’s CPI report will influence market trends. Financials, like JPMorgan and Goldman Sachs, faced setbacks as the Dow fell 0.31%. In other news, the upcoming presidential election is expected to have a positive impact on the stock market, with Zacks offering a free special report showcasing 5 high-potential stocks for both scenarios. These include a medical manufacturer, rental company, energy powerhouse, aerospace and defense standout, and giant chipmaker.



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