Summer is Officially Here… and it’s trading like it too. Expiry is in the rearview mirror, meaning equities should be free to trade with fewer constraints, but once again a lack of new news has resulted in a lack of conviction that saw the S&P get off to a slow start the week. Indices are now attempting to push higher midday on back of the tech mega-caps: Apple (AAPL +2.2%) is leading the charge as its Worldwide Developers Conference kicks off… given Apple’s store re-closing announcement on Friday, it’s a fitting illustration of investors trying to shrug off 2nd wave fears in the name of sticking with what’s worked
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