at Monday's market close, getting a good start to an eventful week: the Federal Reserve's June FOMC meeting is adjourning and May's CPI print will be released on Wednesday, June 12.The S and P 500 NASDAQ notching fresh records as investors look ahead to key inflation data and the Fed's policy decision.Let's get to Yahoo finance his very own, Josh Schafer Josh.
WWC Josh, it's not, you know, it is not typically an event investors look to it like, ok, this is, this is an event that pops the stock, right?And the other thing that I think sort of fits into this, our second takeaway just pleasing investors with A I has been a little bit harder this year.It's our mag seven companies minus Tesla and then companies without a trillion dollar market cap.
They're telling you A I is contributing a certain amount to Azure revenue growth A I is contributing a certain amount to meta's reels.So when you take a look at other measures of sentiment, you set me up for my final chart.And what this takes a look at is how many uh the allocation that sell side analysts are recommending to stocks right now.If we were get up to this blue line at 58 that's when Sr Subramanian and her team at Bank of America say, all right, press the brakes.
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Source: YahooFinanceCA - 🏆 47. / 63 Read more »