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The index drops as worries over the AI and memory trade persist despite strong earnings from HBM maker Samsung, with focus now shifting to the incoming SK Hynix US IPO and the Nasdaq100 inclusion of SpaceX.
SPX500 is cautiously bullish, but a break above 7,575-7,585 and strong Q2 earnings are needed to sustain further gains.
The S&P 500’s improving technical momentum and resilient fundamentals leave the market well positioned, with this week’s non-farm payrolls report likely to determine whether the rally can extend further.
Five questions will decide whether markets can keep climbing, or whether today’s assumptions begin to crack.
The index rises on IPO optimism as SpaceX heads for inclusion and chip demand stays strong, but inflation fears and geopolitical uncertainty remain headwinds.
The tech-heavy index rises after Micron posted blockbuster earnings, restoring faith in the AI trade, but risks still linger.
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Rising Fed expectations and higher front-end yields drive dollar strength, pressuring gold and equities while lower oil may ease inflation risks.
The index declines amid rising Fed hike bets and pressure on tech names ahead of incoming Micron earnings that could define the AI trade.
SPX500 momentum is weakening as investors reassess the AI-led rally, but resilient fundamentals could determine whether this pullback becomes an opportunity.
Micron reports earnings amid soaring memory demand from the AI boom that has driven the stock to new records, but pitfalls loom amid supply bottlenecks and tough macros.
Oil prices drop while metals and stock markets rise after the two sides announced an interim deal, but risks still loom.
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