S&P 500 Hits New Record High After Fed Rate Cut But Retreats On AI Earnings Scare
After the Fed acted to cut the Federal Funds Rate by a quarter point on Wednesday, the S&P 500 went on to strike a new record high of 6,901.00 on Thursday.
Yen Gains Strength Ahead Of Crucial Bank Of Japan Meeting
The Japanese yen strengthened on Monday, approaching 155 per dollar, to reach its highest level in over a week.
E-Mini S&P 500: Markets Enter Rotational Phase As Traders Weigh Double-Distribution Profile And Macro Crosscurrents
A double-distribution TPO structure points to near-term rotation, while supportive volume dynamics, dovish Fed pricing, and bullish macro signals keep buy-the-dip and Santa-rally scenarios alive.