As US markets ready for closure to honor Juneteenth, US equities exemplified some resiliency today, however as we neared the last hour of trading, with comments from Powell, all three major averages erased gains, bringing us to a mixed finish. Geopolitics alongside the Fed dominated headline sentiment early and onward as Trump’s commentary around Iran ultimately bolstered US equities. Equities faded in risk-off fashion heading into The Fed while maintaining gains as rates were left unchanged (a…
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