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Market Commentary
Healthcare Leadership Steadies the Tape
SPY grinds higher while biotech catalyst and FOMC minutes set the tone; QQQ lags, IWM holds firm. The session closed with a measured advance in the broad market after the prior day’s tech pressure. SPY finished near 769.10, up roughly 0.22 percent on the day,...
read moreChip Rout and Rising Yields Weigh on the Tape
Indexes closed lower with Nasdaq leading the decline as semiconductors sold off hard and Treasury yields pushed higher amid oil strength and lingering geopolitical tension. SPY finished the session near 767.5, down roughly 0.7% from Monday’s close. QQQ absorbed the...
read moreTape Eases Under Selective Pressure
Indexes closed modestly lower with light relative volume as hardware names continued to distinguish themselves from the broader tape. The major averages finished the Monday session under mild pressure. SPY closed at 772.67, down 0.47 percent. QQQ ended at 729.87, off...
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