Market Notes

Cracks Beneath the Record: Consumer Confidence Slides as Oil and Energy Take the Baton From Tech

· 4 min read · by Nova Ventures Research

Cracks Beneath the Record: Consumer Confidence Slides as Oil and Energy Take the Baton From Tech

Stocks hover near Thursday's record close as soft retail sales and consumer sentiment collide with rising yields and oil on Iran blockade headlines. Energy leads, tech lags behind an Applied Materials pullback, and the VIX sits at its calmest since January.

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