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S&P 500 Rally Hits a Wall at End of Banner Quarter
By
Janet Levaux
News June 28, 2024 at 02:34 PM
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What You Need To Know
- Stocks are heading into the second half having gained about 15% this year.
- The S&P 500 has followed up a positive first-half return with an average second-half gain of 6%.
- Softening in the measure of inflation favored by the Fed highlights a slowing economy that's upping the risk of a policy error by the central bank, Mohamed El-Erian said.
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