Stocks: More uncertainty ahead of inflation data

Stocks extended their rebound on Friday, with the S&P 500 index reaching a local high of 5,358.67 and closing 0.47% higher. The market has retraced more of its recent declines, but is this the start of a new uptrend or just a correction before another leg lower? Today, the S&P 500 is likely to open 0.2% higher, as investors await key inflation data this week: the Producer Price Index tomorrow and the crucial Consumer Price Index on Wednesday.

Historically, a dropping VIX indicates less fear in the market, and rising VIX accompanies stock market downturns. However, the lower the VIX, the higher the probability of the market’s downward reversal. Conversely, the higher the VIX, the higher the probability of the market’s upward reversal. Futures contract creeping higher Let’s take a look at the hourly chart of the S&P 500 futures contract.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Dow Jones, Nasdaq, S&P 500 weekly preview: Economic data still key for stocksDow Jones, Nasdaq, S&P 500 weekly preview: Economic data still key for stocks
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Stocks tumble as Dow, S&P 500 close out worst day since 2022The Dow Jones Industrial Average tumbled 1,033.99 points, or 2.6%, while the Nasdaq Composite and S&P 500 fell 3.43% and 3%, respectively. The Dow and S&P 500 closed out their worst day since September 2022.
مصدر: fox32news - 🏆 547. / 51 اقرأ أكثر »

Stock Market Today: S&P500 slumps as weaker economic data rattles stocksStock Market Today: S&P500 slumps as weaker economic data rattles stocks
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Chip stocks bolster Nasdaq, S&P 500 before Fed verdictChip stocks bolster Nasdaq, S&P 500 before Fed verdict
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

Wall Street's smaller stocks roar a day after S&P 500's worst loss since 2022Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose while Big Tech stocks gave back more of their huge gains.
مصدر: latimes - 🏆 11. / 82 اقرأ أكثر »

S&P 500: How Far Will Stocks Need to Fall to Become Undervalued Again?Stocks Analysis by Fawad Razaqzada covering: Nasdaq 100, S&P 500, Microsoft Corporation, Amazon.com Inc. Read Fawad Razaqzada's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »