00:00 Speaker A

I believe we’re simply making an S&P 500 new report right here. Nasdaq composite additionally eked out some features, one other report. Dow, we’re off from these report highs, however nonetheless we’re up round 200 factors. So, actually huge day right here, particularly contemplating we had numerous commerce headlines. We all know that Trump has been ramping up on these tariff letters. Uh, we’ve the copper tariff 50% they’re coming August 1st, however regardless of all of this, markets trying previous that. After which if we check out the massive tech names, significantly Nvidia, you are going to see on a market cap foundation, we closed above $4 trillion for the primary time ever. Nvidia was capable of hit that $4 trillion market cap throughout yesterday’s session. We didn’t shut above the $4 trillion market cap, however immediately we did there. So simply uh, a very strong image right here on Wall Avenue. If we check out the sector motion, you may see uh, tech was the most important laggard. Financials, although, main, uh, healthcare additionally main, after which communication providers, uh, appears to be one other laggard right here in intraday buying and selling. So, total, um, only a robust day when you consider the report highs that we have been capable of safe amid this rally, simply this intense comeback from these April lows. Quite a lot of retail shopping for, strategists on the road say that we’ve extra room to run. We received worth targets earlier this week from uh, Goldman Sachs, together with Financial institution of America. They raised their respective S&P 500 targets. So it simply looks like there’s numerous momentum on this rally proper now, Josh.

02:57 Josh

P