The S&P 500 remains cautiously bullish to start the week. Falling short-term interest rates and steady long-term yields are creating a bull-steepening in the yield curve—often seen as a sign of improving economic conditions. Combined with solid corporate earnings and a politically favorable (though unsigned) US-EU trade agreement, sentiment is improving.
Key Levels: Support at 6,342 | Resistance at 6,474.
Investor Takeaway: A constructive macro backdrop could continue supporting equity prices, but elevated technical readings suggest watching for potential pullbacks.
