Small Business Optimism Index Higher Than Expected
Adviser Investments Senior Vice President Chris Keith has the market analysis for Tuesday, June 11. After starting with intraday gains, major U.S. indexes broke their five-day winning streak to close with fractional losses. Meanwhile, despite ongoing tariff negotiations, May’s Small Business Optimism Index rose 1.5 points, topping expectations and reaching a six-month high. We also saw the House Judiciary Committee kick off antitrust hearings related to big technology companies like Amazon, Apple, Facebook and Google.