Santoli's Wednesday market wrap-up: A rotation rather than a broad stampede higher
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最新报道：U.S. markets showed modest gains with rotation into laggard sectors like small-caps and consumer discretionary, while mega-cap tech paused. The Russell 2000 outperformed Nasdaq-100 amid expectations of Fed rate cuts, though its rally remains suspect given historical patterns. Treasury yields fell 4-5bps globally, reflecting dovish Fed sentiment and lower oil prices. Retail trader favorites like HOOD and PLTR weakened, while recent IPOs cooled sharply post-debut. Crypto exchange Bullish (BLSH) surged in its IPO but followed the typical pattern of fading shortly after listing. Markets await July PPI data for further inflation clues.
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