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Market Commentary
Small Caps Lead the Rebound
Indexes close higher with IWM out front as materials and selective cyclicals provide leadership while megacap tech participates selectively. The tape recovered Wednesday after a soft start to the month. SPY advanced 0.46 percent, QQQ gained roughly 0.24 percent, and...
read moreYields and Oil Pressure the Tape
Indexes close lower as energy leads while technology and discretionary lag on rising rates and Middle East tensions. The session opened September on the back foot. SPY finished at 761.73, down 0.69 percent. QQQ closed at 707.80, off 1.25 percent. IWM ended at 290.57,...
read moreTape Slips on Geopolitical Heat
Indexes ease as oil rises on Middle East tensions; energy leads while the broader tape digests. Equities finished lower Monday as renewed U.S.-Iran hostilities lifted crude and injected a dose of caution into risk assets. SPY closed near 765.5-766, down roughly 0.4...
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