THE GIST (“THE WHAT”) The S&P 500 index extended losses for the second session in a row, registering a five-week low after hawkish FOMC meeting minutes showed that while policymakers are united in their resolve to bring inflation to their target annual rate of 2%, they remain divided on whether to pause rate hikes (more…)

THE GIST (“THE WHAT”) Oscillating around the 4400 level, the S&P 500 index traded sideways within a tight range as investors keenly look forward to the start of the second quarter earnings season and crucial inflation data releases this week to gauge the Fed’s interest rate path. The index managed to eke out moderate gains (more…)