Market Snapshot: Stock market bracing for potentially the stormiest stretch of trading this year

The stock market could face its most turbulent week of trading so far this year, with a trio of potentially destabilizing events on deck: former FBI director James Comey’s testimony, the U.K. election, and the ECB monetary-policy meeting. The trifecta, coming nearly all simultaneously on June 8, threaten to derail U.S. equities’ record-setting run.

“The hurricane season is forecast to start earlier than normal this year for the Trump administration as a perfect storm of events is converging,” said Chris Zaccarelli, chief investment officer at Cornerstone Financial Partners.

Comey, who was fired by President Trump early last month, on Thursday will testify before the Senate Intelligence Committee on Russia’s role in the U.S.

>>> Original Source <<<