Derived from Bpaynews, US stocks have risen in five of the past six sessions, but momentum is facing a technical challenge as Microsoft and Nvidia remain below their 100- and 200-hour moving averages. Apple and Alphabet, meanwhile, are above both averages, supporting broader indices, while Meta is mixed. Without broader megacap participation, a sustained rally could struggle, affecting equity beta, the US dollar, and high-beta currencies.
US Stocks Face Technical Hurdles as Microsoft and Nvidia Stall Below Key Averages
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