Markets Fall and Inflation Cools as Traders Eye Stocks
- Barron's is providing live coverage of the markets on June 30, 2023, with updates on stocks, bonds, oil, and crypto.
- The core PCE inflation index rose less than expected, indicating cooling price pressures.
- Tech stocks and cryptocurrencies are in the spotlight, with Apple approaching a $3 trillion market cap and Bitcoin up 85% this year.
- Nike shares dropped after the company reported lower earnings and sales than forecasted.
- Commercial real estate investments offer opportunities for 6% yields as the sector has been out of favor.