Major markets mostly rose, with the Nasdaq leading at 3.25%. The S&P 500 gained over 1.5%, driven by the IT sector's 6.5% rise. Broadcom and Adobe boosted IT, up 29% YTD. Economic news included no Fed rate change and a split in future rate expectations. Treasury yields fell by 25 basis points.
2024-06-17 Market Commentary Cleap-Leap Wealth Management from Leap Wealth on Vimeo.
v