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[Chart courtesy of MarketWatch.com] The major indexes edged higher Monday, boosted by gains in the tech sector, as the Dow attempted to build on its rally above the key 40,000 level. That effort failed at midday, and the index closed below that milestone. Traders are eagerly awaiting Nvidia’s quarterly results due out Wednesday to better evaluate not only the strength of the …

ETF Tracker StatSheet           You can view the latest version here. FED’S DILEMMA: CAUGHT BETWEEN ROCK AND HARD PLACE [Chart courtesy of MarketWatch.com] The Dow meandered near the flat line today, after the index briefly topped the key 40,000 level for the first time in the previous session. A last hour drive by the algos pushed 2 of the 3 majors back …

[Chart courtesy of MarketWatch.com] The much-awaited CPI report pushed the S&P 500 and Nasdaq to record highs, as this crucial number turned out to be better than expected. The index rose 0.3% for the month of April, which was less than the estimate for a 0.4% monthly increase. The indicator changed by +3.4% year over year, in line with expectations. Monthly …

[Chart courtesy of MarketWatch.com] Today’s stock market narrative unfolded with a twist, as traders grappled with the implications of April’s Producer Price Index (PPI) report. The PPI, a barometer of inflation at the wholesale level, rose unexpectedly, signaling that inflationary pressures might not be subsiding as hoped. This revelation initially sent a shiver through the markets, but the initial shock …

[Chart courtesy of MarketWatch.com] The stock market began with a surge of activity, with indices initially climbing before the momentum waned, leading to a plateau where the major indexes closed nearly flat. The Nasdaq stood out, managing to secure a modest gain amidst the general standstill. This pattern of fluctuation reflects the market’s current state of uncertainty, particularly considering the …