Bloomberg Market Wrap 6/10: S&P 500 Range, Fast Food and EM Stocks

The video discusses the current market trends, focusing on the NASDAQ and S&P 500, highlighting a sideways trend and potential for a brief rally. It also covers Chick-fil-A's expansion and its impact on competitors like McDonald's and Wendy's. Finally, it examines the performance of emerging markets, noting a recent rally due to the de-escalation of the trade war with Mexico.

What are the potential outcomes for the S&P 500 if it breaks above or below the 2900 level?

What factors contributed to the recent rally in the Mexican peso?