S&P 500 Tops 6,500, Futures Waver

TAGS: Technical Analysis Software

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News in Brief

Bloomberg:

  • S&P 500 tops 6,500 on signs economy in good shape.

MarketWatch:

  • S&P 500 scores new peak. Are US stocks ‘catching up’ to the rest of the world?
  • Marvell’s stock is falling after its earnings didn’t live up to the AI hype.
  • Trump is closing a shipping loophole. Etsy and eBay shares are tumbling.
  • Stocks turn lower with Nvidia shares in focus after earnings.

yahoo! finance:

  • Nvidia’s boom may be slowing, analysts warn.
  • US stock futures waver as investors await inflation data, eye rate cuts.
  • Fed’s Cook sues Trump, setting up landmark legal battle.
  • Big banks are rallying big time. Can it last?

Fed’s lawsuit is a major escalation of the growing clash between the White House and the Fed.

Global Indexes

S&P 500

The S&P 500 closed one point above 6500 to make a new high.

DAX

The DAX tried to bounce on its 50 DMA support, only to close on it again.

HANG SENG

The HANG SENG bounced on its 50 DMA support and is moving positively today.

NYSE & NASDAQ Stocks

salesforce.com Inc

CRM is now nearing its first big hurdle, its 50 DMA.

Micron Technology Inc

MU bounced on its positive trend line to break its 50 DMA resistance.

JSE Stocks

JSE All Shares

The JSE All Shares made an uncertain high wave candle and will most probably follow the positive move of global markets today.

Sasol Ltd

SOL is forming a J-curve with its latest gain.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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