Vilius Mikelskis
Market Review Quiet, choppy trading continues, with price action feeling more algo-driven than truly directional. All major indexes finished lower today, and nearly 70% of Nasdaq stocks closed in the red. While the S&P 500 remains relatively resilient, most stocks have shown multi-day weakness. The Nasdaq logged a second consecutive day of net lows, but this wasn’t due to expanding downside pressure — instead, it was caused by a lack of new highs. The NYSE saw a similar slowdown in both new highs and new lows, though it continues to hold a net-positive bias. Overall, the market is still drifting higher, but it clearly feels stuck in holiday-trading mode with low conviction on both sides.
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