S&P 500's Rapid Exit From Correction Territory Hinged on Trump's Walk-backs of Tariffs and Fed Fight
Google Parent Alphabet's First Quarter Earnings Beat Analysts' Estimates
The focus of the long and short debate in the U.S. stock market: 5500 and 4800.
Wall Street Analysts are analyzing the next steps of the S&P 500 Index through chart analysis. Analysts believe that 5,500 points are a key resistance level for the bullish-bearish turning point, while 4,800 points serve as a potential resistance. Market Technical Indicators show ample rebound space, but caution is needed for the risk of retesting the bottom.
Options Market Statistics: Strong AI Data Center Demand Boosts NVIDIA Stock; Options Pop
S&P 500 Global Sectors ranking: Semiconductors, related manufacturing equipment, and software and services are rising.
Closing price Compared to the previous day S&P 500 5484.77 +2.03% ■ Top gainers by percentage Semiconductors and related manufacturing equipment 4729.74 +4.60% Software and services 4522.77 +3.50% Autos and components 141.36 +3.39% Capital goods 1203.96 +2.58% Broadcasting 1279.99 +2.49% ■ Top losers by percentage Household Products and personal care 845
Overnight U.S. stocks | Federal Reserve officials hint at "interest rate cuts", Nasdaq and S&P 500 Index rise over 2%.
By the close, the Dow Jones Industrial Average rose 486.83 points, an increase of 1.23%, ending at 40,093.40 points; the Nasdaq Composite rose 457.99 points, an increase of 2.74%, ending at 17,166.04 points; the S&P 500 Index rose 108.91 points, an increase of 2.03%, ending at 5,484.77 points.
