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CNN Early Start With Christine Romans June 4, 2024 09:52:00

Feds interest rate pause. best weak since march for the nasdaq and s&p. and gas prices held steady overnight. and main event is congressional testimony from the fed chief later this week, housing starts are due out later this morning. u.s. stocks look like that they are thriving despite all the economic uncertainty, which leads to the question is this too good to be true? lets bring in chief global strategist at principal asset management. the s&p 500 technically entered a new bull market....
Interest Rate Pause Gas Prices Nasdaq And S P United States Housing Starts Chief Global Strategist

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Market Sentiment Suggests Tech Investors Should Continue to Proceed with Caution

The tech sectorโ€™s growth sprint, aided by the pandemic, hit a brick wall in 2022, with 2023 being hailed as the year for cutbacks and cost efficiencies. Silicon Valley Bankโ€™s failure may temporarily halt the Fedโ€™s aggressive monetary tightening, but this respite could be short-lived. Tech investors should tread cautiously in this space.
United Kingdom United States Hilary Schmidt Nicholas Colas John Schoettler Noel Quinn

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