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Stocks Ease Ahead Of Wednesday’s Key Events, Apple Jumps To Record Highs, Bitcoin Tumbles To $66,500: What’s Driving Markets Tuesday?

Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday.

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May Inflation Report Clashes With Fed Meeting: Traders Brace For Volatile Wednesday

For the first time since June 2020, the Consumer Price Index (CPI) report will be released on the same day as the Federal Open Market Committee (FOMC) meeting. This sets up a potentially volatile Wednesday for financial markets.

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