S&P 500 to Dip Out of Bull Market as 30-Year Rate Nears 5%: What's Next?

data point. Now, rates are at a point where the economy will start to slow, and financial conditions are finally tightening.There is no reason it couldn’t get there. This spread tops when the 10-year is 3% above the 2-year. Now, I’m not trying to suggest that the 10-year is going 8%, but what it tells us is that if the 2-year doesn’t start to come down at some point, there could be a lot more the 10-year can rise from here, and that would bring a lot of pain to equities.

The index filled the gap at 4,220, effectively wiping out the entire summer rally. The 4,200 mark is crucial. Not only is it where the 200-day moving average resides, but dropping below 4,200 also means the S&P 500 no longer boasts a 20% gain from the October 2022 lows. It’s worth considering how many investors might grow anxious if the 200-day moving average is breached and the index is no longer in a “bull market.

4200 is a big technical level and a very big psychological level, and if that breaks, I would think things get worse. Obviously, if you get weak job data on Friday and rates collapse, stocks will snap back. So suddenly, Friday’s job report just became a whole lot more important.was down over 1.8% on the day, it’s in a bit better technical shape than the S&P 500 but not by much.

Yen spikes after breaching the 150-per-dollar markMarkets suspect intervention, but officials do not confirmDollar charges higher on more upbeat US dataWall Street and gold suffer...We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500 Dips Out of Bull Market as 30-Year Rate Nears 5%: What's Next?Market Overview Analysis by Michael Kramer covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stock-market rout puts all eyes on 4,200 level for S&P 500The stock market selloff has the S&P 500 approaching a “cluster of support” on the charts, notes a top Wall Street technician.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market News Today: Dow Falls 500 Points; Meta, VinFast Stocks in FocusLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Source: WSJ - 🏆 98. / 63 Read more »

S&P 500 Forecast: Index crashes on Tuesday as market continues sell-off into third monthThe S&P 500 index lost 0.74% last week, which was the fourth week in a row where the index declined. That performance came despite Personal Consumptio
Source: FXStreetNews - 🏆 14. / 72 Read more »

Q4 Kicks Off Amid Significant Risks: Is the Bull Market Already Over?Market Overview Analysis by Investing.com (Francesco Casarella) covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Investing.com (Francesco Casarella)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 Earnings Yield Hits Highest Level Since Mid-May ’23Stocks Analysis by Brian Gilmartin covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Brian Gilmartin's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »