US equities are consolidating as markets await tomorrow's CPI report, with the Nasdaq and S&P 500 still grinding higher. The move is being supported by option positioning and a resilient semiconductor sector, even as uncertainty keeps the broader tape cautious. The setup suggests a market-wide focus on inflation data and positioning rather than a single stock catalyst.
US equities are consolidating as markets await tomorrow's CPI report, with the Nasdaq and S&P 500 still grinding higher. The move is being supported by option positioning and a resilient semiconductor sector, even as uncertainty keeps the broader tape cautious. The setup suggests a market-wide focus on inflation data and positioning rather than a single stock catalyst.
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