The S&P 500 gains stand at 9% by June 12, up 94% since 2023. SpaceX's IPO surged 19% with a valuation over $2.1 trillion, raising questions about risk appetite. The Federal Reserve under new chair Kevin Warsh announces interest rate policy amid rising inflation. Market momentum hinges on investor confidence in high valuations and rate decisions.
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Summary by ByteBrief
S&P 500 ETFs Offer Discount Amid Market Correction