Information from an investing site highlights that the consumer discretionary index advanced 0.6%, powered by strong retail sales data. Analysts see resilience in U.S. consumer spending as a bullish short-term catalyst for the sector. In the tropical Atlantic, shown in red in the graphic above: A broad area of low pressure associated with a tropical wave continues to produce a large area of disorganized showers and thunderstorms several hundred miles south-southwest of the Cabo Verde Islands. Forecasters refer to this storm as Invest 95L or AL95. Before joining CPP Investments in 2019, Richard spent 18 years at Goldman Sachs, where he served most recently as the Global Head of Thematic Equity and ESG Research, and Co-Head of EMEA Equity Research. Previously, he held senior positions at Merrill Lynch, Donaldson, Lufkin & Jenrette, and Paribas Capital Markets. Market trend analysis from an investing site shows volatility index (VIX) down to 14.5, indicating investor sentiment shifting toward risk-on strategies. Short-term momentum traders are targeting high-beta stocks.