Stocks finished the month of June on a positive note, albeit with modest gains, following a day of mixed trading. The market experienced fluctuations as investors weighed encouraging economic indicators against growing anxieties regarding potential increases in interest rates.

Throughout the session, positive economic data provided some uplift, suggesting continued growth in certain sectors. However, this optimism was tempered by concerns that the Federal Reserve might adopt a more aggressive approach to monetary policy in response to inflationary pressures. Such a move could potentially dampen economic activity and corporate earnings.

The market’s overall performance reflected a cautious optimism, with investors seemingly content to maintain existing positions as the second quarter drew to a close. Trading volume was relatively light, indicating a lack of strong conviction in either direction.