Yesterday's chip revival put tech back in the driver's seat, and it's in focus again today as South Korean semiconductor giant Samsung reports. SpaceX joins the Nasdaq 100 today.
Although Samsung's results looked impressive on paper, investors sent chips down on worries the momentum can't last. Still, nontech stocks held their own in early trading.
The calendar is light this week, with earnings season around the corner. Investors may scrutinize Fed minutes on Wednesday while the Dow strives to continue outperforming.
Kevin Gordon looks at this week's release of the New York Fed's report about consumer sentiment on inflation, the stock market, and other data points in his take on the Week Ahead.
All three major indexes fell but remained near breakeven as tech and utilities sectors led the declines. The June jobs report is out Thursday ahead of the Fourth of July holiday.
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