S&P500 and Nasdaq 100: Bulls Eye Weekly Positive aspects as Tech Shares Drive US Indices…
The E-mini Dow’s holding above the 50-day transferring common at 43,921.10 and 43,700 flooring, with 44,615 because the near-term lid. We’re nonetheless in a broad consolidation vary, working off some extra from July’s rally.
Which Sectors Are Setting the Tempo?
Expertise (+1.1%) is main because of Apple, Micron, and Cisco (+2.eight%), whereas well being care (+1%) is getting a lift from Gilead and Dexcom (+2.eight%). Financials (+1%) are quietly trending larger with MetLife (+three.four%) within the inexperienced.
On the draw back, utilities (-Zero.5%) and actual property (-Zero.25%) are lagging as yields maintain regular. Client staples (+Zero.four%) are modestly larger, helped by Molson Coors (+2.9%).
What Ought to Merchants Watch Into the Shut?
If we maintain these intraday flooring, Monday might open with some follow-through shopping for—particularly if tariff headlines relax over the weekend.
That being mentioned, one unhealthy soundbite from Washington might hit semis and high-beta names quick.
With gold’s transfer at the moment tied to tariffs slightly than threat aversion, the metals market isn’t flashing a warning simply but. For now, consumers are on dips, tech is within the driver’s seat, and the market seems content material to grind larger into the bell.
Extra Data in our Financial Calendar.
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