Another Day, Another Milestone… A day after the S&P finally notched its inevitable new all-time high, US equities are back at again today, with (surprise, surprise) Tech and Media near the top of the leaderboard as Apple (AAPL +0.9%) secures its own landmark achievement by temporarily surpassing the $2T market cap line (in honor the occasion, the chart below presents the latest Apple “stat of the day”). Retail earnings are once again in focus, with Target (TGT +12%) and Lowe’s (LOW +0.5%) each putting up their own blowout numbers but actually holding onto their trading gains unlike Walmart and Home Depot yesterday. On the other end of the Retail spectrum, a less glamorous showing from TJX (-4.7%) is dragging on fellow apparel/provider Ross Stores (ROST -3.7%) ahead of its numbers tomorrow. Semis are treading water with Nvidia set to report after the close, while Energy sits in the red with Crude coming off following disappointing inventory data. Copper is higher, breaking through resistance at 300.
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