The S&P 500 just printed its fastest v-shaped recovery of all timePanicans in shambles https://t.co/1fZHNgnuwV ...

So, what do you make of the action we're seeing in the futures. I mean, we were down earlier, not down big, down about a quarter of a percent, but we continue to kind of just move higher throughout the morning without any news or any real reason. Well, I think the direction of the market has been higher.We've seen a V-shaped recovery since the lows of of uh April, and I think you've seen pretty good solid economic data. We just had the Fed um policy meeting and announcements on Wednesday and there was no ch ...

Market Performance - Major market indexes started the trading day in the red, with the Dow down 114 points (-0.27%), S&P 500 down 0.39%, and Nasdaq down 72 points (-0.38%). Only the Russell 2000 managed a slight gain of 1 point (+0.05%) [1] - The S&P 500 ended its six-day winning streak, indicating a potential shift in market momentum [1] Economic Context - No significant economic data was released, and there were no updates on tariff negotiations. Concerns are rising regarding a proposed tax bill that could significantly increase the federal deficit [2] - The U.S. credit rating has been downgraded by major credit agencies, reflecting growing fiscal concerns [2] Recovery Outlook - The anticipated "V-shaped recovery" appears to be stalling, particularly in the absence of major trade agreements. Major indexes have seen double-digit gains over the past month, but only the Dow and S&P 500 are positive year-to-date [3] Earnings Reports - Palo Alto Networks reported mixed fiscal Q3 results, with earnings of $0.39 per share, missing expectations by $0.02, but revenues of $2.3 billion exceeded consensus, marking a 15% year-over-year increase [4] - Toll Brothers exceeded earnings expectations with $3.50 per share against a consensus of $2.86, and revenues of $2.71 billion surpassed the $2.50 billion forecast. However, signed contracts were down 13% [4] Upcoming Market Events - The upcoming week lacks major economic reports until Thursday's Weekly Jobless Claims, with focus shifting to potential trade deals and the implications of the new tax bill on the federal deficit [5] - Big-box retailers are concluding the earnings season, with Lowe's and Target expected to report negative earnings estimates, while TJX Companies anticipates a 4% revenue growth [6]