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Global Markets

US stocks enjoyed a better session overnight with the broad-based S&P500 finally closing up +0.75% supported by a strong Tech Sector i.e. the market looks comfortable between 3050 and 4000.

  • We are still bullish on US stocks into Christmas with the 4200 area likely to cap gains unless the Fed hit the release valve next week.
IVV
MM remains mildly bullish on broad-based US equities into Christmas
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US S&P500 Index
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