Investors are watching small caps heat up on an otherwise slow Tuesday morning, with the Russell 2000 climbing 1% and outpacing its larger peers, amid growing bets on a Fed rate cut next month.
Nvidia Corp. (NASDAQ:NVDA) is up 2% in midday trading Monday, moving within striking distance of its all-time high—now less than 2 percentage points away—as investors remain upbeat ahead of the company's highly anticipated
Powell’s dovish Jackson Hole remarks signal that the Fed could cut rates as early as September, with markets now pricing an 80% chance of a 25 bps cut.
Last week, the S&P 500 Index, a measure of broader market performance, slipped for five straight sessions before rebounding sharply on Friday after Fed Chair Jerome Powell signaled a possible interest rate cut.
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole.
Market breadth continues to erode as short-term participation metrics decline for the third day in a row. While long-term structural indicators remain stable, short-term deterioration suggests caution heading into the final sessions of the week.
Technology stocks on the Nasdaq 100 were poised for a third consecutive day of losses Thursday, as investors continued to adopt a risk-off stance ahead of Federal Reserve Chair Jerome Powell's speech at the central bank's annual Jackson Hole Symposium on Friday.
After last week’s volatility, the latest breadth data suggests a rebalancing in market participation. The broader trend remains neutral, though a slight tilt toward weakness persists. Fewer new highs, soft advancing metrics, and lukewarm SMA participation continue to limit bullish momentum.
A second day of selling pressure hit technology stocks tied to the AI theme on Wednesday, as sentiment cooled after an MIT report questioned the broad profitability of the new technology.
Breadth metrics softened again on August 19, reversing much of the prior session’s rebound. Participation remains uneven, though longer-term trend measures continue to hold steady, keeping the broader picture balanced.
After Friday’s cooling, breadth improved modestly. Participation above key moving averages ticked up, weekly and multi‑month advance/decline composites strengthened, while new highs softened—suggesting a constructive trend with leadership still a bit hesitant.
Investor risk sentiment paused at the start of the week, as markets awaited details expected to emerge later when President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy and European leaders.
After two strong sessions earlier this week, market breadth slipped back into negative territory, highlighting ongoing indecision and short-term volatility beneath the surface.
