Stocks Stall Ahead of Key Inflation Report

June 27, 2024

MRKT Matrix - Thursday, June 27th

• S&P 500 is little changed as traders await key inflation data (CNBC)

• US Recurring Jobless Claims Rise to Highest Since End of 2021 (Bloomberg)

• Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service (WSJ)

• These are the most expensive S&P 500 stocks heading into the second half (CNBC)

• Startup That Says It Can Help EVs Charge Faster Raises $375 Million (WSJ)

• Confidence Returns to US IPOs With Best Start to Year Since 2021 (Bloomberg)

• Home prices begin to cool as active listings jump 35% (CNBC)

• Americans’ Pandemic Savings Are Gone — And the Economy Is Bracing for Impact (Bloomberg)

• Empty Offices Risk Wiping Out $250 Billion in Commercial Property Value (Bloomberg)

• Trump and Biden’s first presidential debate: Here’s what to expect on taxes (CNBC)

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