📈 Markets Ride High, But Eyes on Next Week

If you checked the markets this morning, you might’ve noticed they’re feeling pretty good.

The Nasdaq is leading the charge, with the S&P 500 and Dow Jones tagging along — but not quite matching its energy. Tech stocks are doing the heavy lifting here, and the market is still hovering near all-time highs.

Part of the backdrop? The U.S. administration’s new global tariff rates kicked in August 1. So far, the market hasn’t thrown a tantrum. But don’t let the early rally fool you — recent gains haven’t had much staying power, which means investors are feeling cautiously optimistic, not wildly bullish.

🔍 Why this matters:

• Momentum is fragile. We’ve had early strength in recent sessions, but it hasn’t always lasted.
• Next week’s CPI report is the big one. If inflation comes in hotter than expected, it could shake up this happy mood.
• Mega-cap tech is still the market’s favorite child. If it stumbles, the whole index feels it.

☕ Bottom line:
It’s a “glass half full” kind of Friday. Markets are riding high, but everyone’s keeping one eye on next week’s inflation numbers. If you’ve been thinking about trimming positions or locking in gains, you’re not alone.

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