Equities: Record highs with chip leadership – Deutsche Bank
Deutsche Bank analysts report that the S&P 500 closed at another record high, supported by strong gains in chip stocks and energy names, even as broader market breadth remained cautious.
Given the record highs in the S&P 500 and the leadership from chip stocks, it is likely that prices will continue to rise in the short term. However, caution in broader market breadth may lead to volatility.
Deutsche Bank analysts report that the S&P 500 closed at another record high, supported by strong gains in chip stocks and energy names, even as broader market breadth remained cautious.
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