SPX 500

U.S. equity indices are up more than 3% YTD ahead of the Trump tariffs- resistance in view. Battle lines drawn on the SPX500, NDX and DJI weekly technical chart.

US stock markets are heading higher after the Fed's preferred gauge for inflation brought no nasty surprises and remained muted in December, supporting further reductions in interest rates. Apple beat forecasts on the top and bottom line, helping the share price jump by 4% pre-open.

US stocks are heading for a mixed start. They steadied following the sharp selloff at the start of the week, inspired by the cheaper DeepSeek AI model. Attention is on the Federal Reserve rate decision, where policymakers are expected to leave rates unchanged and could adopt a cautious stance. Mega-cap tech earnings kick off, with Microsoft, Meta, and Tesla set to release after the close.

Fear drove early-session U.S. trade and this stands in stark contrast to just a week ago, when equities were driving to all-time-highs after the inauguration of President Trump.

It was a crude way to open a massive week, as fears of the AI rally being overblown obscured a loaded economic calendar.

Stocks continued to rally last week with another drive after President Trump’s inauguration. Now we get to hear from the Fed and then Friday brings an important piece of inflation data.

The current confidence prevailing in the U.S. stock market has allowed the S&P 500 to set a new all-time high at 6,130 points.

U.S. stocks are trading mixed, with the S&P 500 hovering around all-time highs in a cautious mood ahead of Trump's speech later today. Corporate earnings and economic data will also be in focus. Trump is due to speak at the World Economic Forum at 11 am ET and could provide more clues into policy measures.

U.S. stocks are heading for a positive open on Tuesday, boosted by softer US PPI data ahead of tomorrow's CPI figures and by hopes of gradual trade tariffs from Trump. PPI rose 3.3% YoY in December, below the 3.4% forecast. Reports that Trump's team could adopt a gradual approach to trade tariffs are also helping the mood and bringing treasury yields modestly lower. Fed speakers are in focus later today.

Yields on 10-year Treasuries have risen as much as 120 bps from the low just before the FOMC’s first rate cut of this cycle, and now it’s starting to negatively impact equities.

The market was already repricing US interest rates higher in recent days and week, amid expectations of inflationary policies under Donald Trump, when he takes office later this month. But the surprising strength of US labour market means traders have now shifted the full pricing of the next Fed rate cut to October.

The U.S. Dollar just finished its strongest quarter in nine years, and stock prices remain elevated, as well. This sets the stage for a volatile 2025 as explained in this webinar.

U.S. stocks are pointing to a higher start, adding to Friday's rally as investors buy into technology stocks based on continued optimism surrounding AI . Attention is also on the economic calendar, which ramps up this week as volumes pick up and trades return from the festive break. The highlight will be Friday's NFP report, which will be the first significant test for the markets.

Stocks continued with strength in 2024 and with a market-friendly administration taking over in the United States, the backdrop is open for continuation of equity gains.

It was a banner year for stocks and the last time the S&P 500 rallied by this much the index continued with a strong outing in 1999.

The recent bearish trend isn’t confined to the S&P 500. The Dow Jones Industrial Average has experienced its first 10-day losing streak since 1974, shedding nearly 2,900 points over two weeks from its highest to its lowest points.

After a strong performance throughout the year, there are still no major signs of the trend turning bearish for the S&P 500 heading into the final weeks of the 2024. For that reason, we have no reason to adjust our S&P 500 forecast to bearish just yet from a technical point of view, even macro concerns are plentiful.