Market Report Jun 02 2023
The market applied notable strength today, although its initial performance was more varied. Shortly after the opening, the market experienced mixed results until stocks gained upward momentum. Eventually, the major indices concluded the day near their highest levels, with the S&P 500 surpassing the 4,200 zone.
Shortly after the release of the May ISM Manufacturing Index, the indices transitioned into a rally mode. Most sectors moved up while VIX moved down.
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