Summary

• US stock benchmarks somewhat consolidate as uncertainty withstands to start the week, preparing for tomorrow's CPI report.
• Nasdaq and S&P 500 continue to grind higher, supported by option positioning and a very resilient semiconductor sector.
• Exploring technical levels for the Dow Jones, Nasdaq, and S&P 500.

By Elior Manier

US stock indexes are starting to settle as uncertainty returns at the beginning of the week.

After last week’s big, news-driven moves, traders are stepping back and getting ready for tomorrow’s essential