Daily Wrap – Another Day, Another Ominous Cloud Looms Over an Unwary Market

Beyond the first group of Fed speakers, today lacked notable tier-1 economic data and macro developments. Favorable corporate tech headlines ran the day. The market opened to broad-based, but modest losses amid a quiet pre-market news flow, but buying in Tech-related names coincided with several news catalysts in the top-performing and most influential S&P sector,…