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Market sentiment has made a huge reversal. Here’s why and what it means going forward

Market sentiment has made a huge reversal. Here’s why and what it means going forward

Something unusual happened in the past few weeks. Ned Davis Research said its Daily Trading Sentiment Composite swung from extreme pessimism to extreme optimism in less than three weeks. Through Monday’s close, the indicator sits at 63.3. A reading above 60 indicates excessive optimism. This swing has also been reflected in the U.S. equity market….

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Nvidia, Micron, SanDisk & more

Nvidia, Micron, SanDisk & more

Check out the companies making headlines before the bell. Nvidia — The semiconductor firm’s stock rose 0.5% after it agreed to pay $20 billion to acquire assets from artificial intelligence startup Groq, marking its largest purchase ever. Micron Technology , SanDisk — The digital memory firms’ stocks were up after DigiTimes reported , citing industry…

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