Hopes that Big Tech earnings would drive US indexes out of their current ranges faded today. After another round of mixed earnings, traders looked to Microsoft and Google to lead them through the session, but it was not enough. Poor breadth in the S&P acted as an anchor. With back-to-back 80% down days, early session gains were fighting against a tide moving heavily against them. The S&P was not able to hold on, but the NDX was able to keep its head above water into the close. Semiconductors re…
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