The Exchange: Fed Edition 6/14/23
The Exchange
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The S&P 500 Is Up 22 Points and Down Three at the Lows
On interest rate, Fed decision type days, we always want to keep a close eye on the commodity-related complex there. WTI crude though, down about 1.5 of 1% to $69.12 per barrel and copper prices up about 1%. And then one other place to keep aclose eye on as well is what's happening overall with the bank sector. The largest banks in America like JP Morgan Chase Bank of America just fractionally up down,. again, wait and see mode.
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