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Cautious Optimism.
Although US stocks held onto sizable gains to start the week, the rally wasn't as inspired as it might have been if you're inclined to believe the trade truce struck in Osaka over the weekend marked a turning point in Sino-US relations.
Some hoped Donald Trump's Huawei relent would help turbocharge things and, in certain corners of the market, it did. Semis soared (the SOX is now just ~6% from its record high, which is pretty notable considering May was the worst month for chip stocks since the
