Nasdaq 100 (NQ) — Market may be over-weighting the near-term hawkish FOMC repricing (two 2026…
Cautiously defensive post-FOMC with consensus acknowledging the 9-3 divided vote and market repricing to two 2026 hikes as structurally hawkish for tech, while noting 47.4% Q2 earnings growth provides fundamental support but is insufficient to overcome rate headwind in current environment