M Notes: Mon, 6-16
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Week Close: 6-13-25 | + (-) | % |
|---|---|---|---|
| Dow | 42,198 | -565 | -1.3% |
| S&P | 5,977 | -23 | -0.4% |
| Nasdaq | 19,407 | -123 | -0.6% |
| 10-year | 4.41 | -0.10 | -2.2% |
| Oil | 73.18 | +8.54 | +13.2% |
LAST WEEK:
Markets: Middle East actions weighed on Markets last week.
S&P roller coaster last week: Up a bit, Up, Down, Up, Down a lot.
Fed Balance Sheet: $6.677 Trillion.
Inflation: Consumer Inflation (the CPI) rose slightly from 2.3% to 2.4% Y/Y. Wholesale Inflation (the PPI) rose from 2.4% up to 2.6%.
Jobless claims: The weekly number came in at 248,000. The four-week average came in at 240,000.
National Debt: $36.985 Trillion. (It’s going up about $28-30 Billion/week.)
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THIS WEEK:
Focus of the week: The Fed Meeting. The Federal Reserve’s Open Market Committee (the FOMC) meets tomorrow. Their Meeting statement and Fed Chair Jerome Powell’s press conference will be Wednesday afternoon. What important: will be get any timetable for rate cuts?
Calendar: Retail sales, industrial production (Tue); Fed Meeting statement, Fed Chair press conference, housing starts, and jobless claims (Wed).
Holiday: US Markets will be closed on Thursday in observe of the Juneteenth holiday.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. Yahoo! Finance, the Wall Street Journal, Investor’s Business Daily and Barron’s are several of the sources used for financial information.
* The National Debt figure comes from usdebtclock.org.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Consult your financial professional before making any investment decision. You cannot invest directly in an index. Past performance does not guarantee future results. No strategy can assure a profit or protect against a loss. Investments in the securities markets involve risk, such as loss of your principal.