📌 1. Geopolitics: Easing Middle East Tensions
- Trump signaled the Iran conflict is nearing an end
- Possible troop withdrawal within 2–3 weeks
- Oil prices fell below $100 → improved market sentiment
- However, uncertainty remains around the Strait of Hormuz and further conflicts
- Some experts warn the rally could be temporary
📌 2. Economic Data: Resilient but Inflationary Pressure
- Retail sales +0.6% → solid consumer demand
- Private payrolls increased → stable labor market
- Manufacturing PMI at 52.7 → expansion continues
- Prices paid surged to 78.3 → highest since 2022
- Rising input costs + supply chain issues → inflation concerns
📌 3. Sectors & Corporate Highlights
- AI-driven rally lifted tech and semiconductor stocks
- Micron, AMD gained
- OpenAI funding news boosted AI sentiment
- Nike:
- Met earnings expectations
- Weak China sales & poor guidance
- Stock plunged ~15%
📌 4. Market Outlook & Strategy
- Current rally = technical rebound from oversold levels
- S&P 500 facing resistance near 200-day moving average
- Trend reversal still uncertain
- Next 4–5 days are critical
→ Dead-cat bounce vs new uptrend