* Dow On Pace For Worst Day In More Than A Year @CNBC pic.twitter.com/Got5gSPmBC

JPMORGAN: “.. For the S&P 500, assuming markets continue to look through the post- pandemic rise in real GDP and inflation vol, our long-term framework suggests a fair value of around 4925.” $SPX 🇺🇸 pic.twitter.com/OoazIv8vgK

Tech was only sector that saw a gain today; now getting a bit closer to Comm Serv’s YTD gain of nearly 20%; REITs fell most today and continue to hold last-place spot YTD … small caps struggled relative to large caps, led to downside by Russell 2000 Value (which is now down YTD) pic.twitter.com/81WVyiIfv9

May ⁦@SPGlobal⁩ U.S. Manufacturing PMI up to 50.9 vs. 50 est. & 49.9 prior; Services up to 54.8 vs. 51.2 est. & 51.3 prior; Composite up to 54.4 vs. 51.2 est. & 51.3 prior … services clearly led upturn, reporting largest output rise for a year; rate of job losses moderated pic.twitter.com/yCvxHoQeWP