Investors will also monitor data on China's service sector.also hit sentiment as stubborn inflation figures last week and strong economic data Monday pushed Treasury yields higher and reduced odds of the U.S. Federal Reserve cutting interest rates in June.— CNBC's Pia Singh and Lisa Kailai Han contributed to this report.Truth Social
CNBC Pro: 'A fantastic market': Strategist names one under-the-radar stock to play in Japan right now "Japan overall, has been a fantastic market ... Japan was the top performer within the Asian equity market complex," the chief market strategist at asset management firm Raymond James Investment Management, told CNBC's"Mary Daly, president of the Federal Reserve Bank of San Francisco, speaks during an event at the Brookings Institution in Washington, D.C., on July 10, 2023.
"I think that is a very reasonable baseline but I would like to say here that this is projection, right?" Daly said during a panel discussion in Las Vegas."Three rate cuts is a projection, and a projection is not a promise."