On Monday, the S&P
500 broad market index futures slipped by 0.2% to 5,554 points, marking a minor
technical correction following last week's impressive rally—the best since
November 2023. Despite this pullback, the index reached an all-time high of
5,570 points on the same day. This resilience, coming after the U.S. labor
market’s weakness in July, might suggest underlying strength in the market. owever, the lack of
confirmed support from large investors raises concerns, as the SPDR S&P 500
ETF Trust (SPY) has yet to report its fund flows during this critical time.