* Palo Alto Networks (PANW) gains on S&P 500 index inclusion. * Apple (AAPL) hits record high ahead of developer conference. By Noel Randewich and Shristi Achar A. June 5 - The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple (AAPL) briefly hit a record high before losing ground.
* Palo Alto gains on S&P 500 index inclusion. * Apple (AAPL) up during developer conference. * Indexes: S&P 500 -0.03%, Nasdaq +0.10%, Dow -0.38% By Noel Randewich and Shristi Achar A. June 5 - U.S. stocks were mixed on Monday, as Apple Inc (AAPL) hit a record high and investors weighed whether the Federal Reserve may pause its interest rate hikes at its upcoming policy meeting.
* Palo Alto gains on S&P 500 index inclusion. * Apple (AAPL) climbs ahead of developer conference. * Indexes: Dow down 0.25%, S&P up 0.22%, Nasdaq up 0.46% By Sruthi Shankar and Shristi Achar A. June 5 - The S&P 500 and the Nasdaq rose on Monday, as Apple (AAPL) scaled an all-time peak and investors weighed up chances of the Federal Reserve pausing interest rate hikes at its upcoming policy meeting.
- The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing ground.
The dollar index turned
negative on Monday after data showed that the U.S. services
sector barely grew in May as new orders slowed, overturning an
earlier rally that was boosted by strong jobs growth ...
* Oil stocks rise as Saudi Arabia announces output cuts. * Palo Alto gains on S&P 500 index inclusion. * Apple (AAPL) climbs ahead of developer conference.
Hedge funds ditched European equities last week for stocks in the United States and Japan, client notes from JP Morgan, Morgan Stanley (MS) and Goldman Sachs (GS) show, as strong economic data lifted equity markets in both countries.
* Oil stocks rise as Saudi Arabia announces output cuts. * Palo Alto gains on S&P 500 index inclusion. * Futures: Dow up 0.09%, S&P up 0.06%, Nasdaq off 0.12% By Sruthi Shankar and Shristi Achar A. June 5 - Wall Street futures were subdued on Monday after a solid rally last week, as investors assessed chances of the Federal Reserve pausing interest rate hikes at its upcoming policy meeting.
Hedge funds ditched European equities last week for stocks in the United States and Japan, client notes from JP Morgan, Morgan Stanley (MS) and Goldman Sachs (GS) show, as strong economic data lifted equity markets in both countries.
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