Fed decision, data dumps seen driving stock market

By Ed Paolo Salting

Jun 13, 2023 12:32 am

DATA releases, including the outcome of a Federal Reserve (Fed) policy meeting, are expected to influence the stock market's direction this week.

Negative sentiment weighed on the benchmark Philippine Stock Exchange index last week, which dropped by nearly half a percent to 6,507.12 on Friday. Week on week, however, the decline was limited to 0.07 percent.

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