Morning call - Cash flow is rotated among basic stock groups
12/06/2023
Summary
US stocks had a mixed week ahead of the US Federal Reserve's Policy Meeting this week. The Fed is expected to leave interest rates unchanged at its two-day policy meeting on June 13 and June 14. The May Consumer Price Index (CPI) is expected to increase 0.3% month-on-month after rising 0.4% in April.
The market suddenly gained at the end of the session, gaining 6.21 points (0.56%) to close at 1,107.53 points; liquidity has slowed down compared to previous sessions, showing that profit-taking is taking place. The revolving cash flow between industry groups is also a remarkable point.
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Category
Daily
Author
SSV
Details
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