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Weekly Market Recap, Friday 21-Jun

Weekly Market Recap, Friday 21-Jun

FromFactSet Evening Market Recap


Weekly Market Recap, Friday 21-Jun

FromFactSet Evening Market Recap

ratings:
Length:
7 minutes
Released:
Jun 21, 2024
Format:
Podcast episode

Description

US equities ended higher in this shortened week of trading with the Equal Weight S&P outperforming the official index. Fed rate cut expectations received a boost from the latest retail sales report, which added to the growing pool of evidence of a cooling US economy. AI enthusiasm also continued to provide support to sentiment with Nvidia surpassing Microsoft on Tuesday to become the most valuable public company.
Released:
Jun 21, 2024
Format:
Podcast episode

Titles in the series (20)

StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.