Futures turned green. S&P +43, Nasdaq +262, Dow +184.


After two weeks of heavy selling, we finally see some signs of a rebound.
But to be honest, this little bit of green on Monday morning doesn't mean much.
Today is a month-end and quarter-end rebalancing day, and institutions shifting positions can produce many fake moves.
Last week, the Nasdaq 100 lost over a trillion in market cap, and the Mag7 collectively dropped $2.8T in June — not something a one-day rebound can fix.
Concentrix reports earnings after the bell tonight, with Wall Street expecting EPS of $2.63. This company has a significant AI-related business, making it the first stress test for the AI sector this week.
Wednesday: ADP + ISM, Thursday: Nonfarm Payrolls (moved up due to July 4th Independence Day). The data this week is incredibly dense.
Watch from the sidelines on Monday, don't rush to buy the dip.
#SP500 #纳斯达克 #MAG7
SPX-3.60%
NAS1000.33%
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