US stocks slipped lower overnight on comments from Apple around their future hiring policy, the reduced intake suggests that interest rate hikes have led to some uncertainty in the mega techs read on the economy moving forward, no great surprise but it led to Apple Inc (AAPL US) dipping -2.1% on the news dragging market sentiment in the process.
- We are looking for the S&P500 to rally towards the 4100-4150 area over the coming week i.e. around 7% higher.
MM is mildly bullish US equities over the coming weeks
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