Markets moved toward a more constructive tone last week, as resilient growth and moderating inflation supported a gradual rotation back into risk assets.
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While major US equity indices often move in the same overall direction, the types of stocks leading the market can shift noticeably over time. Traders watch these leadership changes closely because they often reveal how confident investors are about taking on risk.
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Global markets stabilised last week as policy divergence returned to focus. US resilience continued to support risk sentiment, while Europe and Asia lagged, reinforcing a more selective market environment.