Market Preview: Semiconductors, Cyber Risks and Jobs Data Take Center Stage

U.S. equities consolidated last week, with the Nasdaq trading flat since early June and the S&P 500 marginally above its early-June peak, as the market concludes an extended earnings cycle heading into September. FactSet data showed that 488 of the 503 S&P 500 constituents had released their latest quarterly results by Friday, with roughly 85% of reporters having reported so far.

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