Wednesday

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Wednesday 🛢️: Stocks pulled back from all-time highs as oil, yields, tariffs, and Beige Book inflation pressure hit the tape at once. Broadcom beat and guided higher, but its software miss gave traders a reason to pressure the AI/software complex. Macy’s offered a rare retail bright spot, while the macro backdrop basically said, “nice rally, shame if costs stayed sticky.”

 

*The ST Sentiment Score & Message Volume scales range from 0 to 100 (extremely bearish to extremely bullish). More info here.

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