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Wall St Week Ahead-Fed meeting looms for stocks as inflation worries collide with 'Goldilocks' markets

Jun 11, 2021 - Nasdaq

By Lewis Krauskopf

NEW YORK, June 11 (Reuters) - Investors will be zeroing in on the Federal Reserve’s monetary policy meeting next week as a "Goldilocks" market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation.

Stocks have climbed steadily in recent weeks and now stand at fresh records, extending a rally that has seen the S&P 500 .SPX gain 13% this year and nearly 90% from its March 2020 low. U.S. government bonds have ...