Breakfast Bites - Quiet Macro Day

Australi and Canada see spike in inflation; US Home Prices

Author

Ayesha Tariq
June 26, 2024

Rise and shine everyone.

US Equity Futures are flat this morning, after yesterday’s close in the the green for the SPX and the Nasdaq. Nvidia saved the day once again! It’s trading higher in the pre-market as well.

Yet again, the market is back to being pulled up by a handful of stocks and just three sectors close in green, even though the overall index was higher.

FedEx Reported after the close and beat estimates. Many were expecting a miss. Full year guidance was in-line. The stock surged on earnings.

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