News about stock market

“.. Why have stocks been so strong? 1. diminished technical excesses 2. dovish rhetoric from central bank officials 3. employment data moving from overheated to goldilocks 4. signs the disinflationary process, which has been stalled for Q1, is resuming 5. a drop in…

* NASDAQ fresh record close, its first since 4/11. @CNBC 🇺🇸 pic.twitter.com/YfJaKUsn6q

Housing Market Index from ⁦@NAHBhome⁩ pulled back in May to 45 vs. 50 est. & 51 in prior month … large drops across all components, with future sales seeing largest decline pic.twitter.com/hEYWUV6Wc2

At 5,308, the S&P 500 is already 9% above the average 2024 year-end price target from Wall Street strategists (4,861). And there's still seven and a half months to go. $SPX pic.twitter.com/57TxvjEbVe