Some days the market opens with a clear driver already in place. Today doesn't, and that's the tell.
Chip stocks are under pressure. Large caps are split. Macro chatter and Fed positioning are present, but none of it is setting a clear direction.
Across the tape, nothing resolves into one narrative. Weakness in some areas, strength in others, nothing holding long enough to define the open.
That's not confusion. It's a lack of commitment.
Friday's jobs report is the next major data point. Everything else is on hold until it lands.
Nothing is missing.
Nothing has arrived yet.