The Nasdaq 100 struggles as record-high US inflation exacerbates rate hike concerns. The previous rebound has eased selling pressure but hit resistance under 15350. The subsequent pullback bounced off the 61.8% Fibonacci retracement level (14400), which suggests buyers’ strong interest in keeping the index afloat. Sentiment is still a tad cautious unless the bulls clear […]
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They were hoping for 80%. Maybe 50%. What nobody expected was the dramatic rollback of all reciprocal China tariffs to 10%. But that’s precisely what we got after a weekend of negotiations that involved Treasury Read more…