All-time highs once again on Wednesday, with the S&P 500 and Nasdaq gaining 1.0% and 1.6%, respectively. President Donald Trump's extension of a ceasefire with Iran revived risk appetites after a two-day retreat. All sectors except real estate, industrials, and financials rose with technology, energy, and communication services leading the gainers. Risk-on remains the sentiment as we approach the end of April, with semiconductors leading the charge and the SOX (+2.7%) now up almost 40% this yea…
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