AAPL Jul 2024 220.000 put

India election, Apple WWDC expectations: Market Domination

Investors shrugged off a weaker-than-expected JOLTS report, with the three major indexes (^DJI,^GSPC, ^IXIC) closing higher on Tuesday.  On the latest edition of Market Domination, Piper Sandler Chief Investment Strategist Michael Kantrowitz explains why an economic slowdown may be "good news" for equities.  When it comes to oil (CL=F, BZ=F), CIBC Private Wealth US Senior Energy Trader Rebecca Babin says oil traders were expecting to get a "gift" from OPEC+, one they didn't receive. India's Prime Minister Narendra Modi declared himself victorious in a heated election race, but will likely have to rely more on allies to get things done. Global X ETFs Senior Portfolio Manager and Head of Emerging Markets Strategy Malcolm Dorson says that for investors, "A coalition government isn't necessarily a bad thing."  Bank of America Securities Senior IT Hardware Analyst Wamsi Mohan tells investors what they should be watching for from Apple's (AAPL) Worldwide Developers Conference next week. KeyBanc Capital Markets Equity Research Analyst Sophie Karp and eToro US Investment and Options Analyst Bret Kenwell discuss why the AI boom is good news for utilities.  Yahoo Finance's Alexandra Canal breaks down Warner Bros. Discovery's (WBD) latest price hike for the ad-free tier of its streaming service Max and Rick Newman explains President Biden's executive action on immigration. For more expert insight and the latest market action, click here This post was written by Stephanie Mikulich.