1. The S&P 500 has declined for three consecutive weeks, nearing the 5265 target. 2. Technical analysis suggests a potential collapse, but the author is prepared to bet against it under favorable conditions. 3. The article provides a detailed technical outlook and conditions for potential buying opportunities.
Recent #Economic Indicators news in the semiconductor industry
1. ClearBridge SMID Cap Growth Strategy underperformed its benchmark due to poor stock selection in industrials. 2. Positive contributions came from financials, consumer staples, and IT sectors. 3. The strategy is finding opportunities in oversold companies with strong fundamentals.
1. Inflation in the US cooled to 3.0% in June, the lowest level in a year. 2. Both headline and core CPI figures were lower than expected. 3. The Federal Reserve's target inflation rate remains at 2%, with current core PCE above this target.
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