Reply To: Traders Market Weekly: Geopolitics, ECB and Apple

#43356
Truman
Participant

Additional factors fueling the positive sentiment include a weakening dollar, leadership from growth stocks after DocuSign (DOCU 63.78, +5.82, +10.0%) and Zscaler (ZS 185.73, +31.47, +20.4%) reported favorable quarterly results, and a recognition that bearish sentiment has reached extreme levels, which is being viewed as a contrarian indicator.

The US Dollar Index is down 0.7% to 108.99.