Tuesday, 6 June 2023

These stocks can play catch-up with megacap tech, lifting the S&P 500

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Cyclical value stocks, including shares of companies in the financials, industrials and basic materials sectors will play a catch-up to outperforming megacap technology shares heading into the third quarter of 2023, broadening the stock-market rally and lifting the benchmark S&P 500 index to 4,400, a closely followed Wall Street analyst forecast on Tuesday. 

Gold futures rose Tuesday as investors assessed the outlook for interest rates ahead of next week's meeting of Federal Reserve policy makers.







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