Choppy trading ending lower on a quiet Monday had indexes with mixed performance throughout the day. The bias was higher to start, as fueled by softer ISM data in support of the Fed’s “skip” narrative leading into the June meeting while keeping options open for thereafter. Despite having entered the quiet period, the Fed team will get a look at CPI/PPI next week before their meeting, and that will keep traders on edge into the 14th. The S&P rallied towards a new 52-week high into midday (4305…
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