It was a bearish week for US equity indexes, with net weekly declines
ranging from -1.4% (R2K), -1.3% (Dow, Trans), -0.6% (Nasdaq comp'), -0.4% (SPX), to -0.3% (NYSE comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
All six US equity indexes were net lower for the week.
The R2K lead the way down, whilst the NYSE comp' was most resilient.
All six US equity indexes printed a new cycle high, as weekly momentum is increasingly positive.
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Looking ahead
It will be a short four day trading week, with Thursday CLOSED for 'Juneteenth'.
Earnings:
M - $AIOT $RNW $APPS $LEN $PETS $HITI $RFIL
T - $JBL $TEN $VNCE $ANTA $WLY $XAIR $LZB $VTGN
W - $ACB $GMS $KFY $LVO $SWBI
T -
F - $KR $ACN $DRI $KMX
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Econ-data/events
M - Empire state manu'
T - Retail sales, import prices, indust' prod', busi' invent', home builder conf'
W - Housing starts, building permits.
*FOMC 2pm, press conf' 2.30pm*
T - *CLOSED*,
F - Phil' Fed manu', leading indicators, *QUAD-OPEX*
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a good weekend
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*the next post on this page will likely appear 4.20pm EST on
Monday.