S&P 500 and Nasdaq-100 futures traded lower as profit taking emerged following record levels reached last week. While major indices remain higher for the year, with the Nasdaq-100 up over 20%, individual tech names faced pressure alongside a sharp selloff in the metals complex where Silver and Gold futures saw significant declines. Traders are looking ahead to the release of Fed minutes, while options activity remains focused on heavy volume in the 7,000 strike calls and crypto markets maintain a tight range.
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