The Federal Reserve heads into its July 28-29 policy meeting facing a familiar tension: recent public comments from Fed officials have sounded notably hawkish, but the incoming economic data doesn't fully back that up. According to a new preview from Bloomberg Intelligence strategists Ira Jersey and Will
Technology shares rebounded Monday, with the Nasdaq 100 gaining approximately 1%–1.3% by midday and breaking a three-session losing streak. Semiconductors led the recovery: the Philadelphia Semiconductor Index rose roughly 3.1% after falling into bear-market territory last week. The bounce follows a notable shift in positioning,
Biotech markets were little changed at midday Monday, with both the SPDR S&P Biotech ETF (XBI) and Nasdaq Biotechnology Index (NBI) trading near flat. Beneath the quiet index performance, however, clinical updates, regulatory developments and dealmaking produced sharp moves in individual names. Clinical catalysts led the day’s