Stock market today: US stocks edge lower ahead of Apple event, economic data
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US stocks fell as bond yields increased ahead of a big week of updates for the market. Investors are eyeing Apple's WWDC event, a Fed meeting, and key inflation reports this week. The big May consumer price index report is set to be released Wednesday morning, ahead of the Federal Reserve's interest rate decision. The Fed meeting is expected to show no changes to interest rates, but it should offer insights into what Fed members are thinking about with regard to the path of monetary policy. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: S&P 500: 5,334.38, down 0.23%; Dow Jones Industrial Average: 38,698.22, down 0.26% (-110.78 points); Nasdaq composite: 17,100.03, down 0.19%
#UsStocks #BondYields #AppleEvent #Wwdc #FedMeeting #InflationReports #InterestRates #MonetaryPolicy #S&p500 #DowJonesIndustrialAverage #NasdaqComposite
https://markets.businessinsider.com/news/stocks/stock-market-today-apple-wwdc-ai-event-iphone-economic-data-2024-6
Markets Insider /
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2024-06-11 00:32:21
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wss://relay.damus.ioPublished at
2024-06-11 00:32:21Event JSON
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"content": "Stock market today: US stocks edge lower ahead of Apple event, economic data\n==========\n\nUS stocks fell as bond yields increased ahead of a big week of updates for the market. Investors are eyeing Apple's WWDC event, a Fed meeting, and key inflation reports this week. The big May consumer price index report is set to be released Wednesday morning, ahead of the Federal Reserve's interest rate decision. The Fed meeting is expected to show no changes to interest rates, but it should offer insights into what Fed members are thinking about with regard to the path of monetary policy. Here's where US indexes stood shortly after the 9:30 a.m. opening bell on Monday: S\u0026P 500: 5,334.38, down 0.23%; Dow Jones Industrial Average: 38,698.22, down 0.26% (-110.78 points); Nasdaq composite: 17,100.03, down 0.19%\n\n#UsStocks #BondYields #AppleEvent #Wwdc #FedMeeting #InflationReports #InterestRates #MonetaryPolicy #S\u0026p500 #DowJonesIndustrialAverage #NasdaqComposite\n\nhttps://markets.businessinsider.com/news/stocks/stock-market-today-apple-wwdc-ai-event-iphone-economic-data-2024-6",
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