Stock Market Today: Record High Close for S&P 500 and Nasdaq 100
Stocks rose ahead of the Fed's two-day policy meeting. Apple slipped 2% as the company unveiled its AI road map at its developer conference.
Source: businessinsider.com
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Stocks rose ahead of the Fed's two-day policy meeting. Apple slipped 2% as the company unveiled its AI road map at its developer conference.
As the three major bourses are hovering near record highs, investors are rotating to areas like utility and the small-caps, which are cheap and undervalued. These zones have outperformed in May.
What a consumer spending slowdown could mean for the stock market outlook, and how to play it.
Plus, our take on Nvidia ahead of earnings.
Down more than 20% during the past year, this wide-moat stock looks undervalued today.