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Morning Briefing

Monday, June 13, 2022 8:07 AM EDT

Morning Matters:

The Week Ahead: FOMC Meets and PPI Out On Tuesday
by Geoff Garbacz

Geopolitical and Fiscal Events. The key issue remains how the Russian invasion of Ukraine progresses as the Russians contemplate how they are going to proceed. FOMC meets this week and is likely to raise rates by 50 basis points. More...

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Market Matters:

S&P 500 Off -2.5%
by Geoff Garbacz

The S&P 500 closed Friday at 3900.86 (lower by -2.91%) and 4017.82 (lower by -2.38%) on Thursday. Futures have trading lower overnight. The overnight high of 3876.50 was hit at 6:05 p.m. EDT. The low was hit at 3797.50 at 4:20 a.m. EDT, a range of 80.25 points high to low which is well above the range of late with 45 the average. At 7:25 a.m. EDT the current price is 3819.50 down -80.50 which is -2.04%. Now down -2.50%. More...

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Today's Superstock Investor Stock Scorecard:

Exxon Mobil Corporation (XOM)
by Superstock Investor

Several people have asked do I sell Exxon here at $100.46.The answer is ... More...

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