Daily Market Recap and Economic Insights - June 18, 2023
Today's Post -
Daily Market Recap and Economic Insights - June 18, 2023
In today's episode of Dividend Cafe, David provides a daily market recap, highlighting a 57-point increase in the Dow (0.15%), a 0.25% rise in the S&P, and a stable Nasdaq. The bond market rally continued with the 10-year yield at 4.21%. Financials led the sectors, while communication services performed the worst. Economic updates include slight retail sales growth and an unexpected rise in industrial production. David notes significant market optimism and mentions Juneteenth's market closure.
00:00 Introduction to Dividend Cafe 00:12 Daily Market Recap 00:17 Market Performance Highlights 00:46 Sector Performance Overview 01:33 Economic Data Insights 01:56 Fund Manager Survey Insights 02:15 Closing Remarks and Announcements
Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
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