As markets enter a shortened trading week, attention shifts to key U.S. labor data, tech earnings, and a puzzling volatility disconnect. The June non-farm payrolls report, expected Thursday, could influence whether the Federal Reserve pivots on rate cuts by September. Meanwhile, mega-cap tech—especially Apple—will be in the spotlight as Nasdaq trades above its upper Bollinger Band, pointing to overbought conditions. Despite record highs, implied volatility remains unusually low, posing risks ahead of earnings season and economic data. Traders must balance bullish momentum with volatility exposure and upcoming data catalysts.
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Technology