Here's your summary from Bloomberg The Open 06/13/2024 (https://www.youtube.com/watch?v=w-IFJtO6lEI) on the Bloomberg Television channel:

### TLDR:

Futures rise after better than expected inflation print, Fed signals one rate cut, Apple's market cap surpasses Microsoft.

### Key Points:

1. Futures rise and yields fall after inflation data comes in lower than expected.

2. Fed signals only one rate cut this year, indicating confidence in economic growth.

3. Apple's market cap surpasses Microsoft's as the company reveals new AI features, despite concerns about valuation and lack of innovation.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

Reply to this note

Please Login to reply.

Discussion

No replies yet.