Tech leads losses; Hawkish Fed bets trimmed on soft headline PPI - Newsquawk US Market Wrap

US headline PPI cooler than expected, core matches forecasts; Fed's Collins said it's possible the Fed may have to raise rates more than expected; Mossad Director reportedly in Washington for talks with senior Trump admin officials on the Iran war; NVDA board downplays speculation it has formally approached potential CEO candidates, while FT reports Arm CEO was approached; Anthropic's IPO reportedly around 6x oversubscribed; NEC Director Hassett rejects reports that he is set to leave the role in the coming weeks.

Villainy Abides

Nationwide, Republicans were down about 5-million votes from the previous midterm and Democrats ended about 15-million votes up...

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Should We Fear The Upside?

The biggest buyer is back. $5bn a day in S&P 500 buyback demand. 90% of corporates in their open window. Add cleaner positioning and bullish seasonality. Should we fear the upside?