FXE - Asia Markets Mixed Europe Dips While Dollar Advances - Global Markets Today While US Slept | Benzinga
On Monday, June 10th, U.S. stock markets closed higher, with the S&P 500 and Nasdaq narrowly achieving new record highs amid cautious trading ahead of an upcoming consumer price report and a Federal Reserve announcement.
Apple shares fell during its annual developer conference, with a focus on AI integration. Meanwhile, Southwest Airlines surged after Elliott Investment disclosed a $1.9 billion stake. Diamond Offshore soared as Noble announced a $1.59 billion acquisition.
The Federal Reserve will likely maintain the federal funds rate at 5.25%-5.5% for the seventh consecutive meeting in June, emphasizing the need for more time to ensure inflation meets targets before any rate cuts.
The ...