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Commonwealth’s Chris Fasciano recaps June’s market and economic news. The S&P 500, Dow, and Nasdaq were up for the month and the quarter, supported by the continued cooling of trade war rhetoric. The story was similar internationally, as a solid June contributed to a positive quarter for both developed and emerging market stocks. On the economic front, updates released in June were broadly positive. The May jobs report showed continued solid hiring during the month, and consumer sentiment surged to a four-month high. Despite this positive backdrop, will geopolitical risks and policy uncertainty cause volatility ahead?
Learn more in my latest Market Thoughts video: blog.commonwealth.com/independent-market-observer
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