On the SPOT blog (06/06/2022) [M..]
- Salyl Bhagwat
- Jun 6, 2022
- 3 min read
Updated: Aug 31, 2022
All major US indices barely finished in green today. There were a few "good news" (related to Chinese stocks) and also some optimism from weekend news that seems to suggest that President Biden might visit Saudi Arabia [perhaps might help with oil production]. These might have lifted the stocks in the morning. Apple WWDC might have also helped but looks like inflationary fears and rate hike worries took over and stocks gave up many of the gains from the morning.