Equities hit three new all-time highs and gained 4.5% for the week as optimism grew over the reopening of the Strait of Hormuz. Nasdaq and micro-caps led the rally, while Big Tech regained leadership and energy served as the main funding source for the move. The setup reflects a strong risk-on rotation driven by easing geopolitical stress.
Equities hit three new all-time highs and gained 4.5% for the week as optimism grew over the reopening of the Strait of Hormuz. Nasdaq and micro-caps led the rally, while Big Tech regained leadership and energy served as the main funding source for the move. The setup reflects a strong risk-on rotation driven by easing geopolitical stress.
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moderately positive
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