Apple Hits New Highs on AI Optimism, Fed & CPI Preview

MRKT Call · Jun 11, 2024 · 7m

MRKT Matrix - Tuesday, June 11th S&P 500, Nasdaq close at fresh highs Tuesday as Apple pops more than 7% (CNBC) Davidson upgrades Apple, says iPhone maker will be first to get people to really use AI (CNBC) Nvidia’s high will eventually come down (Axios) What to Expect From Wednesday's Closely Watched CPI Inflation Report (Investopedia) JPMorgan’s equity strategist says stocks are ignoring ‘abundant’ risks, sees maybe one Fed cut (CNBC) Bitcoin Faces ‘Crucial’ 36 Hours on Heightened Sensitivity to US Yields (Bloomberg) Pimco Warns of More Regional Bank Failures on Property Pain (Bloomberg) GM…