Evening Market Recap - Monday, 21-June
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US Equities traded higher on Monday after a four-day slide last week attributed to hawkish takeaways following the Fed meeting. Value outperformed growth with energy leading the market following stronger crude prices. The week ahead could decide the fate of the ~$1.2T bipartisan infrastructure framework with the White House looking for multiple in-person meetings this week. Bitcoin had a volatile day following the announcement that Chinese authorities had demanded closure of 26 suspected mining projects.
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