Hey moomooers,
Good evening. Here is the latest Market Recap for you.
The first day of trading after the long weekend is over, and it sure was busy. Oil prices continue to climb thanks to OPEC+ delays, consumers are gearing up for big box office debuts and Jeff Bezos is celebrating his first day of pseudo retirement. So what else did the stock market do today?
Market Snapshot
U.S. stocks ended most lower Tuesday, with the Dow Jones Industrial Average and S&P 500 index pulling back from record levels as the Nasdaq rose to a new peak, wit...

On Tuesday, the flow action started the session off sloppy with selective defensive tech names seeking bullish positioning, while inflation and reopening plays were littered with protection.
Flow cleaned itself up through the mid-session once morning put buying dried up and intraday sentiment flashed some green rates continue to head lower and dominate the tape with aggressive rotation into deflationary issues. First, it was the underbelly of growth that got this rotation started and now the scramble has been focused on the likes of...

Investors don’t see end to record-breaking equity rally just yet
As stocks around the world continue to smash one record after another, some of the world’s biggest money managers have a simple message: Get used to it.
The likes of BlackRock Inc., State Street Global Markets, UBS Asset Management and JPMorgan Asset Management expect equity markets to keep rising in the second half of the year, with many investors increasingly looking outside the U.S. for more returns.
While some market players caution about risks of a dip given punchy valuations, the sharp bounce in corporate earnings and strong central bank support are expected to keep the rally alive.
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