Mag 7 Pullback Tests S&P Breadth Ahead of Earnings
- S&P 500 stalled since early June peak, down over 2% as Mag 7 ETF drops more than 8%
- Two-thirds of index components and eight sectors higher, with...

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Oil spiked sharply on U.S.-Iran tensions hours before the Fed, triggering a broad sell-off. WTI crude jumped 6.7% to $84.58 while the S&P 500 dropped...
S&P 500 reversed upward from the 7290 support zone (including lower Bollinger Band and 61.8% Fibonacci), ending short-term correction ii and pointing to a rise toward 7500 resistance in the strong daily uptrend.
The Fed held rates steady at 3.5-3.75% in a 9-3 vote despite inflation at 3.5% and Iran-driven oil spikes, defying September hike bets priced at 76%...
Chipmaker selloff and Mag 7 pullback are driving clear rotation into value and defensive sectors ahead of this week's earnings.
AI exposure continues to increase across the Nasdaq-100 and broader US equity market, including the S&P 500. Recent estimates track its growth in recent years and outline new ways to measure it going forward.
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