Stocks Rally Ahead of Fed, and Has “Wokeness” Derailed Target Stock? 6/12/23

The S&P broke through August highs to post its highest close since April, and the Nasdaq is now up nearly 30 percent this year. The moves come ahead of key data on inflation and the all-important Fed meeting. Can this week’s data keep the rally going? Plus Target hit its lowest level in nearly three years as it faces backlash over its Pride collection. Can the stock get back on track?

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