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U.S. Indexes closed mixed when looking on a sector basis, as Consumer Discretionary surged thanks to Amazon’s 10% rally on a profit, revenue, and AWS beat. In tech, Apple was marginally higher but reversed earlier gains to close 0.5% lower as participants...
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U.S. Indexes, Treasuries, and Gold saw notable selling, while the U.S. Dollar soared in the wake of a very hawkish Powell at the Fed press conference. In the decision beforehand, it cut rates by 25 basis points, as expected, to 3.75-4%, albeit in a 10-2 decision....
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U.S. Indexes closed at new all-time highs, led by all three American Indexes with NVIDIA largely responsible for the move as breadth across sectors was poor. NVIDIA’s (NVDA, +5%) gains came amid CEO Huang’s keynote address at GTC, where new lines of...
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U.S. Indexes closed at new all-time highs, buoyed by the risk-on sentiment to start the week amid reports that the U.S. and China agreed on a framework for a trade deal ahead of the Trump/Xi meeting later this week. As a result, spot Gold was sold and fell beneath USD...
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U.S. Indexes closed in the red on Wednesday and saw some pressure in the US afternoon amid reports that the Trump administration is mulling export controls to China on goods made with or containing US software, although some of the move attempted to pare as digestion...
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U.S. Indexes were mixed on Tuesday, with the S&P and NASDAQ 100 ultimately closing little changed in choppy trade, while the Dow Jones was strong while the Russell 2000 was again weak. Sectors were mixed amid a flurry of earnings. Consumer Discretionary and...
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