Market context
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Wall Street retreated from record highs as Middle East tensions fueled inflation concerns and rising oil prices. While AI-related chips showed resilience, broader market sectors including financials …
The Nasdaq 100 experienced a marginal decline of 0.21%, closing at 30,596.92. Market breadth was nearly split with 51 stocks advancing and 50 declining, reflecting a balanced tug-of-war between buyer…
Fund managers increase technology stock allocations, favoring the 'magnificent seven' despite recognizing it as a crowded trade, with a notable rotation into tech stocks and underweight positioning i…