MORGAN STANLEY: “.. we expect Chair Powell to emphasize patience as the Fed awaits more convincing data and to maintain a cutting bias. We continue to look for three cuts this year starting in September. “.. Our rates strategists do not expect markets to get much excitement from… pic.twitter.com/TQEswEuCjO

Within less than 1% of a Record: 👀 * NASDAQ * S&P 500 * Euro STOXX 600 * NASDAQ 100 * Spain IBEX @CNBC 🇺🇸 pic.twitter.com/YfiB3xR1zV

Dispersion continues at elevated levels in U.S. equities, accompanied by depressed levels of index volatility; spread between 3m trailing averages of DSPX and VIX is highest ever with dispersion about double market volatility, which suggests that while investors may be enjoying… pic.twitter.com/hn0aHS5OvD

Relative to S&P 500, Energy sector had its worst day yesterday since this past January [Past performance is no guarantee of future results] pic.twitter.com/ioex8pqjSs