Dow -0.01% · Nasdaq -0.57%
WTI at a six-week high · Gold above $4,150
Major US indices closed in a narrow range near record highs.
The prints look like a small pullback, but the internals were not defensive.
Semis and defense led on the way up.
WTI hit a six-week high and gold broke $4,150.
The core of this report starts in the next chapter.
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