Markets appear to be relatively calm amidst the slew of news this morning. US Trade deficit in goods narrowed in May. Federal Reserve Chairman stated at a meeting in of central banks in Europe that many of his colleagues favored two more rate hikes this year. In another significant news, US government mentioned that it would impose ban on AI related chips export to China. Interestingly, at the moment (morning. PST), Nasdaq and S&P are in the green while Dow is in the red. Let's see how the markets finish today.
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