Announcement
Super Grannies and Market Update – June 30 Webinar Cancelled

S&P 500 Closes At ATH High Despite Hot Inflation Numbers and Impending Fed Meeting, Has Best Week in 10 months

Key Takeaways

  • The S&P 500 closed at 4712., which is significantly above the 4,538.43 last Friday. Amazingly, the VIX settled under $19 today after closing a week ago at $30.51 after settling from above $35 in intraday activity.
  • Inflation came in very hot this morning at the highest YoY levels since 1982, yet markets still rallied.
What could have been a major obstacle, the debt ceiling debacle, appears to be coming to an amenable resolution, and the country will once again avoid a technical def...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In