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🌎MODERATE GAINS SIGNAL POSITIVE TREND

🌎MODERATE GAINS SIGNAL POSITIVE TREND

Day: 08 | Time: 17:46:26 US stock markets have recorded modest gains today, continuing the positive trend from last week. Optimism regarding interest rate prospects has helped support the markets, despite relatively subdued buying interest. June consumer price and producer price data will be the main focus points for the week, as investors await signals regarding interest rate prospects from Federal Reserve Chairman Jerome Powell. Stocks in the communication networks, semiconductor, and computer hardware sectors are among those performing well. Asian stock markets closed lower, while European markets have a mixed performance. In the bond market, yields are on the rise.