While the front-line IT stocks have started to show momentum, there are some good trade setups seen in the midcap IT space as well. This mid-cap IT Services and Consulting company has shown indications of some potential reversal of trend and up-move in the prices over the near term.
US stocks: S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI