After a boisterous start to the week, fresh warnings of a slower global economy have pushed U.S. benchmarks on their backfoot. Even the great stocks are surpassing levels of near-term sensibility.
With a new quarter upon us and a holiday session Friday, it begs the question whether stocks will now see outflows. It would be smart for investors to reduce exposure, even marginally, and still be happy if the S&P marches to 3525 in the coming months.
Companies including Verizon, Coca-Cola and Starbucks have either halted or plan to pause all social media advertising because platforms have “failed to stop the spread of hate.”
Several key USDA reports come out June 30. Blue Line Futures' Oliver Sloup breaks down the technical landscape for grains, soybeans, and other commodities.
U.S. benchmarks are unchanged ahead of the bell after grinding out a strong close yesterday. The S&P 500 index traded to a new low overnight, ahead of Thursday’s session, and held the retest at the open.
After a soft finish yesterday, selling pressure kicked in on the European open due to reports the White House is considering additional tariffs on the E.U. and U.K.
