๐ U.S. Markets & Economic Outlook๐จ
Market Performance: U.S. stock markets closed lower, with the Dow Jones Industrial Average falling by 1.79% and the S&P 500 by 0.69%. In times of uncertainty, safe-haven assets such as gold and the Swiss franc increased in value. ๐
According to Wikipedia.com
Upcoming Events: This week, the Federal Reserve is expected to announce its interest rate decision on Wednesday, with expectations that rates will remain unchanged despite pressure from lower-than-expected May inflation and President Trump's calls for cuts. Additionally, May's U.S. retail sales and housing data will offer updates on consumer spending and construction activity. ๐ค
Accordingly to investopedia .com
