Eric Criscuolo, NYSE Market Strategist, breaks down a choppy week as the S&P 500 slips modestly while underlying market breadth remains firm. Ongoing Iran headlines continued to drive intraday volatility, though reactions appeared more muted as investors priced in a path toward de-escalation. Tech came under pressure, with notable weakness across semis, software, and mega-caps fueling a broader rotation into Financials, Healthcare, and small caps. Economic data, including a closely watched CPI report, kept yields elevated and added to the shifting sector dynamics. Focus now shifts to the Fed’s upcoming meeting, key economic releases, and continued positioning ahead of major IPO activity.