Stocks start the second half of the
year on a tentative note: The S&P 500′s
12.6-percent gain in the first half was the best since 1998 but the index lost 1.5 percent for the month of June amid a
volatile bond market and soaring interest rates.
US data, markets will be watching
China’s PMI data and Japan’s Tankan Survey. On Thursday, U.S. markets are
closed for the Fourth of July, but both the Bank of England and European
Central Bank meet Thursday.
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