Major indices are higher in anticipation of May CPI data and this week's Fed decision.
Portfolio Pulse from Benzinga Newsdesk
Major indices are higher as investors anticipate the release of May CPI data and the Federal Reserve's decision this week.
June 12, 2023 | 4:55 pm
News sentiment analysis
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POSITIVE IMPACT
DIA is higher as investors await May CPI data and the Fed's decision.
DIA, which tracks the Dow Jones Industrial Average, is higher as investors are optimistic about the upcoming May CPI data and the Federal Reserve's decision. Positive expectations can drive the index higher in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
IWM is higher as investors await May CPI data and the Fed's decision.
IWM, which tracks the Russell 2000 Index, is higher as investors are optimistic about the upcoming May CPI data and the Federal Reserve's decision. Positive expectations can drive the index higher in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
QQQ is higher as investors await May CPI data and the Fed's decision.
QQQ, which tracks the Nasdaq-100 Index, is higher as investors are optimistic about the upcoming May CPI data and the Federal Reserve's decision. Positive expectations can drive the index higher in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
SPY is higher as investors await May CPI data and the Fed's decision.
SPY, which tracks the S&P 500 Index, is higher as investors are optimistic about the upcoming May CPI data and the Federal Reserve's decision. Positive expectations can drive the index higher in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100