Another day, another record high for a US stock market. Only the one seen on the Dow Jones underwhelms given it is not backed up by its own futures market, let alone its peers. We're also approaching end-of-month flows (which can prompt fickle price action). And keep an eye on the Nvidia earnings report on Wednesday (US) which can single-handedly drive sentiment on Wall Street.
Note
We saw the pullback ahead of Nvidia earnings, which shows that our suspicions of the earl-week (and marginal) record highs were right. Focus now shifts to GDP and US PCE data ahead of the weekend.
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