The software had a chance to take over, but the chips took it back. The iShares Expanded Software and Technology Sector ETF (IGV) is no longer breaking down. After falling more than 5% on Thursday (its worst day since the post-“Liberation Day” sell-off on April 4), it recovered to end the week slightly positive. Software…
The US Dollar Index (DX-Y.NYB) is plunging as it loses the war premium that had built up during the Iran conflict. It is on track for its third-biggest drop of the year, wiping out all of its gains since March 3, while the Bloomberg Dollar Spot Index has erased its entire 2026 gain. That reversal…
Last June, many stock analysts predicted that the stock market would end 2025 with no real gains. At the time, several prominent forecasters projected that the S&P 500 index would close the year in a range between 5,600 and 6,100. The S&P had started the year around 5,900 points. When a turbulent 2025 finally ended,…
