S&P and Nasdaq take different technical paths
S&P drops below moving averages for bearish bias; Nasdaq stays above, retaining bullish outlook.
S&P drops below moving averages for bearish bias; Nasdaq stays above, retaining bullish outlook.
South Korea's KOSPI rose above 7,000 on Wednesday, driven by AI and chip stock buying despite Middle East tensions and a lower Wall Street close.
US indexes closed lower after Labor Day for a 10th straight year; the S&P 500 fell 0.6% and the Nasdaq lost 0.3%.
S&P 500 futures surrendered half of last week's rebound, testing support near 7,680. A break below could open further downside.
S&P tests critical hourly moving averages; Nasdaq stays above but draws closer. Lower highs in both indices add to caution.
Bond yields rise with 10-year Treasury at 4.80%, stocks fall, and gold faces headwinds as markets await CPI and central bank decisions.
Strong NFP data raised rate hike expectations, sending the S&P 500 lower. Focus now on US CPI.
On September 21, Nike exits the S&P 100, replaced by four tech stocks: Dell, Palo Alto Networks, Arista Networks, and SanDisk.
Technology sector shifted to overcrowded, while materials entered early accumulation in the week ending September 4, 2026.
Macro analyst Jason Pizzino uses the 18-year housing cycle to predict a market crash, with housing already showing signs.
US stocks ended mixed after stronger-than-expected jobs data. The Dow and S&P fell while the Russell and Nasdaq 100 rose, and September rate hike odds climbed…
S&P 500 edges lower, Nasdaq gains after strong jobs report. Both indices trade above key moving averages, but August highs remain resistance.
Snowflake shares surged 23% after lifting its forecast, sparking a software rally as AI demand drives growth.
Fed's Waller says he would back holding rates steady if disinflation continues, sparking a stock rally and lowering short-term rate hike odds.
Fed Governor Waller's dovish comments on inflation pushed US yields lower, lifting the S&P 500 and Nasdaq above key moving averages, signaling a more bullish…