Stock Market Today: Stocks Tread Water Ahead of June Fed Meeting
by Karee Venema
Jun 11, 2021
2 minutes
Stocks started Friday with gains but lost steam as the day wore on, even as the latest consumer sentiment data came in better than expected.
After yesterday's consumer price index release, which showed inflation is indeed on the rise, today's economic numbers revealed that consumers have "unfavorable perceptions" of market prices for homes and automobiles.
Complicating matters for market participants, these two latest examples of anxiety
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