Coming Back To Life.
After a scorching 7% rally in just four trading days the previous week to almost pre-”Liberation Day” levels, stocks took a breather at the open on Monday as a jam-packed week of earnings reports and economic data got under way.
The indexes spent most of the day heading slowly but steadily lower as institutional traders took some chips off the table, particularly in the tech arena, after the previous week’s run-up in prices and ahead of the imminent earnings reports from four of the Magnificent Seven companies. But a late surge, mostly driven by hopeful retail dip-buying ahead of those…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.