No change today. range day within the context of yesterday's range. Very short term market now in a 2-day range in the context of the longer term up trend.
Today, U.S. stock markets saw notable gains, with the S&P 500 and Nasdaq Composite reaching record highs. This positive performance was largely driven by strong investor sentiment around a potential Federal Reserve rate cut later this month. Tech stocks, particularly within the semiconductor and cloud computing sectors, led the rally. Additionally, renewed optimism in the financial and real estate sectors contributed to broader market momentum.
These developments indicate growing confidence in economic resilience despite lingering concerns over inflation and global market dynamics.
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