On Thursday, June 20, U.S. stock markets closed mixed as Nvidia retreated from earlier gains, and investors evaluated economic data and Federal Reserve comments for clues on potential interest-rate cuts. According to the economic data, U.S. jobless claims fell by 5,000 to 238,000 in the week ending June 15, slightly above expectations. The four-week moving average rose to 232,750, the highest since September 2023. In May 2024, housing stats dropped 5.5% to 1.27 million, below forecasts, and building permits fell 3.8% to 1.386 million. The Philadelphia Fed’s general activity index fell to 1.3 in June, with employment levels continuing to decline despite a slight rise in the employment index. Energy and utilities were the top performers among the 11 S&P 500 sector indexes, while technology experienced ...