After yet another 12-month high yesterday by the SPX and CCMP, US indices opened higher again today and continued their ascent, with earnings season in full tilt. The Dow succeeded in bagging an 8-day winning streak, something not seen since 2019, but the CCMP was less sturdy, only eking out a gain. Still, the overall nature of the day still felt vigorous. The powerful combo of robust earnings, cooling inflation, the end of monetary tightening and firming economic growth have been the source of…
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