🇺🇸 United States market recap

summary : U.S. equities are holding near record territory, but leadership is uneven: mega-cap tech remains resilient while rate-sensitive and cyclical groups react to shifting Fed expectations 📈⚠️🧭. The near-term tape is being driven by a still-elevated but improving risk mood, a stronger-than-expected jobs backdrop, and caution around what the Fed does next. Sector rotation looks more important