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European Parliament
Market Caution as Fed Meeting Begins; Treasury Yields and Apple Influence Gains | Daily Market Analysis
Key events: UK - GDP (MoM) (Apr) USA - Core CPI (MoM) (May) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference The S&P 500 was poised for a record close on Tuesday after paring losses due to falling Treasury yields and a surge in Apple stock to a new high. However, gains were tempered by caution as the Federal Reserve began its two-day meeting.
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