neutral
Recently
US equity outlook turns cautiously optimistic ahead of major earnings
US equities began the week with a moderately bullish tone as investors awaited Nvidia earnings and macro signals shaping interest-rate expectations and sector rotation trends.
The US market tone for the week beginning November 17 shifted to a moderately bullish stance, with investors preparing for a dense earnings calendar led by Nvidia. The S&P 500 ended last Friday nearly unchanged as traders balanced optimism in semiconductor and AI-linked sectors against concerns around inflation resilience. Markets now await fresh macro signals through updated retail sales trends, PMI readings, and job data, all of which could influence rate-cut expectations.
Positioning remains sensitive to volatility as institutional participants reassess exposure across technology and consumer discretionary segments.