The S&P opened higher this morning and traded mostly sideways for the session before rallying and closing at another all-time high. It was another day of gains for main US indexes despite volumes being lower for the 4th day in a row (S&P volume -11% vs 20 AVAT), rebounding after yesterday’s late session fade. The muted volumes did not affect S&P 500 breadth though, out of the 503 members in the S&P 500, 90% of them finished positive on the day. What was surprising was an underperformance from s…
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