empty
28.01.2025 02:17 PM
US stock market takes breather

US stock futures showed slight gains after Monday's selloff driven by the tech sector, as traders seized the opportunity to buy heavily discounted assets. This approach, often referred to as buying the dip, reflects market participants' confidence in long-term growth prospects.

This image is no longer relevant

Despite recent fluctuations, analysts note that fundamental indicators remain strong. Many companies continue to report stable earnings and growth, which supports demand for stocks and futures. Traders are also closely monitoring economic data that could influence the Federal Reserve's future policy. A significant batch of statistics is expected today, potentially affecting tomorrow's decision on interest rates.

However, risks of renewed market pressure remain, which could amplify Monday's selloff in the fintech sector. Traders are advised to exercise caution and stay vigilant.

S&P 500 futures rose 0.4%, and Nasdaq 100 contracts gained 0.7% before the regular session opened, following a 3% drop on Monday. Nvidia Corp. jumped 5% in premarket trading after plunging 17% the previous day. Broadcom Inc. and Marvell Technology Inc. also rose. Constellation Energy Corp., which supports energy-intensive AI data centers, climbed 4.7% after a 21% drop yesterday.

Meanwhile, the US dollar strengthened against major currencies, while copper prices fell following comments by President Donald Trump on tariffs provided Monday evening. Trump stated his intent to impose comprehensive tariffs far exceeding the 2.5% proposed by the Treasury Secretary. Speaking in Florida, he also promised to target specific sectors, including semiconductors, pharmaceuticals, steel, copper, and aluminum.

As mentioned earlier, many traders remain bullish in the stock market, viewing the current decline as an opportunity to buy. Notably, the Trump administration's discussions on new tariffs throughout January have yet to result in implementation, sustaining demand for risk assets. Trump's advisors have considered gradually increasing tariffs by 2–5% monthly.

Treasury yields edged lower, with the 10-year yield rising by two basis points to 4.55%.

This week, traders are focused on earnings announcements from companies like Microsoft Corp. and Apple Inc., expected later this week. Forecasts suggest that earnings growth for major tech firms this season will be the slowest in the past two years.

Corporate Reports

According to a published memorandum, HSBC will scale back parts of its investment banking operations in Europe, the UK, and the US. The largest banking group in Europe plans to exit equity capital markets and advisory services outside its core operations in Asia and the Middle East in the coming months.

SAP SE shares hit a record high. Europe's largest tech company reported fourth-quarter cloud sales slightly exceeding analysts' expectations, thanks to new AI-driven offerings attracting customers.

Shares of Siemens Energy AG rose as much as 5.1% in early trading. The company raised its full-year revenue outlook after surpassing analysts' projections for first-quarter revenue and profit.

This image is no longer relevant

Demand remains strong for the S&P 500. Today, buyers may aim to break through the nearest resistance at $6,024, which would support the ongoing upward trend and pave the way for a push toward $6,038. Another key goal for bulls will be to maintain control above $6,047, solidifying buyers' positions. If demand for risk appetite declines and the market moves downward, buyers will need to step in around $6,003. A break below this level could push the index back to $5,986, allowing a decline toward $5,967.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Stock Market on March 14th: S&P 500 and NASDAQ Indexes Continue to Decline

Futures on the S&P 500 and NASDAQ stock indices continued their significant decline, returning to a bearish scenario.Asian stocks, along with futures on U.S. and European stock indices, rose during

Jakub Novak 13:01 2025-03-14 UTC+2

Donald Trump Is Just Getting Started

The 24-hour chart wave structure for #SPX appears relatively clear. The first key observation is the global five-wave structure, which is so extensive that it doesn't even fit into

Chin Zhao 12:04 2025-03-14 UTC+2

US stock market: NASDAQ and SP500 going through correction, 10% down from their historic highs

S&P500 Markt update on March 14 Snapshot of benchmark US stock indices on Thursday: Dow -1.3%, NASDAQ -2%, S&P 500 -1.4%, S&P 500 at 5,521, range 5,400 - 6,000

Jozef Kovach 10:53 2025-03-14 UTC+2

S&P 500 Forecast for March 14, 2025

Yesterday, the S&P 500 index reached its target support level of 5516, which corresponds to the peak observed on June 20, 2024. This level also aligns with the 23.6% Fibonacci

Laurie Bailey 03:53 2025-03-14 UTC+2

US stock market groping for support

S&P500 Market update on 13.03 Snapshot of benchmark US stock indices on Wednesday: Dow -0.2%, NASDAQ +1.2%, S&P 500 +0.5%, S&P 500 at 5,599, range 5,400 – 6,000 The S&P

Jozef Kovach 10:17 2025-03-13 UTC+2

Stock Market on March 13: SP500 and NASDAQ Gains Were Short-Lived

Futures for the S&P 500 and NASDAQ indices declined again following yesterday's unexpected U.S. inflation data, which revealed a slowdown in price pressures that contradicted economists' forecasts. Asian stocks also

Jakub Novak 08:28 2025-03-13 UTC+2

US market experiencing strong correction

S&P 500 Overview for March 12 The US market is experiencing a strong correction. US major indices on Tuesday: the Dow -1.1%, the NASDAQ -0.2%, the S&P 500 -0.8%

Jozef Kovach 11:36 2025-03-12 UTC+2

Stock Market on March 12th: S&P 500 and NASDAQ Hit Another Low

Futures on the S&P 500 index rose by 0.2% after losing 0.76% at the end of the previous day, while Nasdaq 100 futures added 0.3% after closing at -0.18%. Stocks

Jakub Novak 10:58 2025-03-12 UTC+2

Trump's meeting with Wall Street leaders set to stabilize market

Amid a sharp decline in US stock markets, President Donald Trump will meet with chief executives of major companies today as industry leaders try to navigate the uncertainty surrounding widespread

Jakub Novak 13:32 2025-03-11 UTC+2

Black Monday on Wall Street. US stocks lose $4 trillion in market capitalization

S&P500 Market review on March 11 US stock market suffers a crash. $4 trillion lost, but game not over yet Performance of benchmark stock indices on Monday: Dow: -2.1% NASDAQ

Jozef Kovach 12:14 2025-03-11 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.