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U.S. Indexes ultimately closed mostly higher on Monday, although gains were concentrated in large-cap tech, while the Russell 2000 underperformed and broader sector breadth remained weak outside of Technology and Energy. Technology was supported by strength in...
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U.S. Indexes were largely traversing sideways, consolidating in a range just off all-time highs. Sectors were mixed, though there was decent upside in Consumer Discretionary (ANF and BBWI were standouts). Note, heavyweights Tesla and Amazon did the heavy lifting....
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U.S. Indexes gained on Tuesday, helped by broad buying across sectors (RSP +0.5%) and particularly gains in AI-related stocks. Micron (MU +19.4%) drove the bulk of SPX’s gains (contributed ~19 Handles to SPX’s 46-Handle) as the rally in semiconductors and...
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U.S. Equity Futures jumped and global stocks rose to record highs as crude oil fell after officials signalled – once again – that the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The Dollar weakened while precious...
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U.S. Indexes ended the week higher amid broad strength (RSP +0.9%). Healthcare, Industrials, and Utilities outperformed, while Communications was the only sector notably in the red. Hardware names (DELL +16.8%, HPQ +15.3%) surged on Lenovo reporting its highest...
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U.S. Indexes closed higher on Wednesday as markets grew increasingly optimistic that the Middle East conflict may be approaching its final stages. President Trump said talks with Iran are in their final stages, while Al Hadath reported that the Pakistani Army Chief...
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U.S. Indexes ended yesterday’s trading session the day in the red, amid broader risk-off sentiment, although sectors closed more mixed. Sentiment was soured through the duration of Tuesday but extended further after the Wall Street Journal reported that mediators see...
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U.S. Indexes saw choppy trade on Monday as geopolitical headlines dominated price action, with stocks ultimately finishing mixed by the close. The key development came late in the session after President Trump announced he had called off a planned attack on Iran...
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U.S. Indexes closed the last session of the week in the red with all sectors lower, aside from Energy, as Materials and Utilities lag, while broad based mega-cap weakness added to the losses. Energy was the only sector in the green and buoyed by gains in the crude...
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U.S. Indexes closed with an upward bias as the NASDAQ 100 outperformed, buoyed by strength in Mag-7 (ex-MSFT), with NVDA and MU being particularly fruitful. Nvidia CEO has joined President Trump on his trip to China, while Micron saw a chunky BofA PT lift. Focus...
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U.S. Indexes were mixed on Tuesday, with the NASDAQ 100 and Russell 2000 underperforming while the S&P 500 closed flat and the Dow closed slightly firmer. Sector performance was also mixed, with Health Care, Consumer Staples and Energy outperforming, while...
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U.S. Indexes were firmer on Monday, albeit off highs, with gains led by further upside in semiconductor names; SOXX +2%. Energy outperformed alongside higher crude prices, while Materials benefited from strength in metal prices. Oil prices rose after US President...
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U.S. Indexes closed with extensive gains on Friday, as the tech-heavy NASDAQ 100 outperformed amid chunky gains in semiconductor names and the broad-based mega-caps. Intel had another positive catalyst, as it and Apple (AAPL) reached a preliminary chip-making...
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U.S. Indexes closed at new all-time highs as Markets traded risk-on on Tuesday helped by declining oil prices while there was somewhat of an unwind of the increased geopolitical tensions on Monday. The US stated that the ceasefire with Iran remains in place, despite...
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