empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
04.03.2025 09:29 AM
Will the U.S. Stock Market Continue to Decline? (Potential Drop in #SPX and #NDX)
Open trading account Open demo account

The U.S. economy is losing growth momentum, which raises concerns for investors in American financial assets amid uncertainty due to a trade war initiated by Donald Trump against U.S. trading partners.

Data from the Institute for Supply Management (ISM) on Monday showed that the Manufacturing PMI fell to 50.3 in the past month from 50.9 in January, below the expected 50.5. The index indicates slower growth in the manufacturing sector due to declining demand, production stabilization, and job cuts. Companies show signs of an initial operational shock from the new administration's tariff policies. Rising prices due to Trump's trade policies have already caused delays in placing new orders, disruptions in supplier deliveries, and an impact on production resources.

New orders have dropped significantly since March 2022, falling to 48.6 from 55.1. Employment has also declined to 47.6 from 50.3, nearing the contraction threshold of 50. The report also points to a sharp slowdown in production, dropping to 50.7 from 52.5 in the previous month. Additionally, price pressures have surged to their highest level since June 2022, rising to 62.4 from 54.9. A similar trend is observed in other manufacturing inventory indicators.

With Canada and Mexico expected to join the trade war against the U.S. today, a 25% tariff on imports from these countries is anticipated. Coupled with signs of a slowing national economy, the U.S. stock market continues its freefall after a brief rebound late last week. This is further exacerbated by China's decision to impose retaliatory tariffs of up to 15% on certain U.S. goods starting March 10. The release of pessimistic economic data, concerns over import tariffs, and geopolitical tensions between Washington and Ukraine have already impacted U.S. stock indices, which fell between 1.5% and 2.5% on Monday.

Crude oil prices for BRENT and WTI remain in a short-term downtrend, experiencing their steepest decline since mid-January. A key factor in this drop was the announcement that OPEC+ will continue its planned production increase in April. This raised fears of rising global supply, which will likely put downward pressure on oil prices. Additionally, the prospect of new U.S. tariffs on imports from Canada and Mexico could slow economic growth and reduce oil demand.

The cryptocurrency market experienced a brief rebound over the weekend, sparked by statements from Trump on Truth Social. He claimed that a U.S. crypto reserve would "elevate this critical industry" and reverse the restrictive policies of the previous administration. However, the market crashed on Monday and continues to decline this morning, erasing all previous gains.

Looking at the broader picture, it is clear that Trump's administration is dismantling the geopolitical and economic frameworks established by the Democrats. However, it has yet to produce any tangible positive results—something that would be challenging to achieve in just a month and a half of his presidency.

This image is no longer relevant

This image is no longer relevant

Market Forecast for the Day

#SPX

The S&P 500 CFD contract remains under pressure but is still within the 5807.00–6124.80 range. If the decision to impose higher tariffs on Canadian and Mexican goods is confirmed today, and if Trump signals that this is only the beginning, we could see a breakdown of the lower boundary of this range, leading to a drop to 5700.00.

#NDX

The NASDAQ 100 CFD contract is also under pressure, trading near its support level of 20,500. The technology sector feels the strain from China's retaliatory tariffs, which could significantly impact U.S. tech companies. A further deterioration in the situation could push the contract down to 19,863.00.

Pati Gani,
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
All Analytics
Fundamental analysis
What Could Trump's Minimal Tariffs Lead To? Donald Trump has given countries he claims are "robbing the U.S." a three-month deadline to reach trade agreements. As of now, two months into this deadline, only one deal
Chin Zhao
00:45 2025-05-28 +02:00
1060
Crypto-currencies
Bitcoin: A Bet on $300,000 or a Painful Correction? What's Next for the Market Bitcoin reached $110,000 but failed to sustain the rally throughout the day, continuing its consolidation. Yet this lull is by no means a sign of exhaustion. Behind the scenes, activity
Ekaterina Kiseleva
00:44 2025-05-28 +02:00
1135
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

What Could Trump's Minimal Tariffs Lead To?

Donald Trump has given countries he claims are "robbing the U.S." a three-month deadline to reach trade agreements. As of now, two months into this deadline, only one deal
Chin Zhao 00:45 2025-05-28 UTC+2

NZD/USD. May RBNZ Meeting: Preview

The Reserve Bank of New Zealand (RBNZ) will announce the results of its next policy meeting on May 28. According to most analysts, the central bank is expected
Irina Manzenko 00:44 2025-05-28 UTC+2

The Dollar Is Getting Used to Defeat

Everything has its limits—including Donald Trump's negotiation strategy. The longer his policy of threats followed by postponements continues, the less seriously markets take his actions. His warnings are no longer
Marek Petkovich 20:39 2025-05-27 UTC+2

Inflation in the Eurozone Gives the ECB Room to Act

The euro declined after the release of inflation data from France and the GfK report from Germany. Exactly three years ago, eurozone data showed inflation had risen to 8.1%. Immediately
Jakub Novak 20:26 2025-05-27 UTC+2

XAU/USD. Analysis and Forecast

Gold is extending its decline for the second day in a row. The pressure on gold is driven by a combination of factors: optimism stemming from U.S. President Donald Trump's
Irina Yanina 19:38 2025-05-27 UTC+2

USD/JPY. Analysis and Forecast

The Japanese yen continues to weaken during intraday trading. One of the key factors putting pressure on the yen is Japan's decision to consider reducing the issuance of ultra-long-term bonds
Irina Yanina 19:35 2025-05-27 UTC+2

Trump drives market rhythm

Much ado about nothing. President Trump's announcement of 50% tariffs on imports from the European Union starting June 1—only to delay them until July 9—barely rattled financial markets. Investors
Marek Petkovich 12:11 2025-05-27 UTC+2

Bank of Japan Plans To Raise Rates Further

Despite the Bank of Japan's plans to continue raising interest rates, the yen is currently heading in a very different direction. During his speech today, Bank of Japan Governor Kazuo
Jakub Novak 11:32 2025-05-27 UTC+2

Christine Lagarde Believes in the Euro

The European currency showed little reaction yesterday to a speech by European Central Bank President Christine Lagarde, who stated that the unpredictable policies of President Donald Trump present an excellent
Jakub Novak 11:19 2025-05-27 UTC+2

Markets Anxiously Await U.S. Senate Debate on Increased Government Spending (Possible Limited Decline in GBP/USD and Gold Prices)

The U.S. dollar remains under pressure. What's next, and what are its prospects? The trade war initiated by Donald Trump has significantly damaged the reputation of the U.S. dollar, which
Pati Gani 09:53 2025-05-27 UTC+2

Top analytics

Relevance up to 04:00 UTC--4
Bank of Japan Plans To Raise Rates Further
11:32 2025-05-27
Fundamental analysis
Relevance up to 23:00 2025-05-28 UTC--4
Technical Analysis of Intraday Price Movement of Gold Commodity Instrument, Tuesday May 27, 2025.
09:01 2025-05-27
Technical analysis
Relevance up to 08:00 UTC--4
XAU/USD. Analysis and Forecast
19:38 2025-05-27
Fundamental analysis
Relevance up to 20:00 UTC--4
EUR/USD Overview – May 27: The President Spoke, Then Changed His Mind
08:03 2025-05-27
Fundamental analysis
Relevance up to 03:00 UTC--4
Forecast for GBP/USD on May 27, 2025
11:44 2025-05-27
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

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.