Hot CPI Could Kill Interest Rates Hopes
Money flowed out of tech and into retail, banking, homebuilder and biotechnology on Tuesday.
Money flowed out of tech and into retail, banking, homebuilder and biotechnology on Tuesday.
Semiconductors are leading a bounce, but this is not a market that can be trusted.
Instead of causing concern, the selling in semiconductors triggered vigorous buying.
The most notable shift was increased chatter that the market might be due for a rest.
Pockets of frothy action, covering up broad weakness, leave investors in a ‘tricky spot.’
Rolling updates on negotiations with Iran seem to have lost their meaning.