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Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What’s Driving Markets Wednesday?

By Piero Cingari
June 12, 1:26 PM
A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend

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3 minute read

Wall Street On Pins And Needles As Market Braces For Fed’s Decision: Analyst Says Size And Speed Of Rate Cuts Will ‘Frustrate Investors’

By Shanthi Rexaline
June 12, 7:26 AM
The market appears poised for further gains on Wednesday, building on the strength of the S&P 500 and Nasdaq Composite, which hit record highs in the previous session.

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