At the beginning of the third quarter, the annual rate of the US core PCE price index in May was 2.6% last Friday, the smallest increase since March 2021. Traders increased their bets on the Fed's interest rate cuts, and the Nasdaq 100 index broke through 20,000 points for the first time during the session.
The big cake bottomed out and rebounded.
(The market is volatile, it is recommended to stay away!!!)
