Trading Insights

S&P 500

Rising Yields and Tariff Pressures Ahead of Jackson Hole


The S&P 500 is cautiously bullish as U.S. yields rose sharply on Friday after hotter PPI data and weak retail sales pointed to renewed inflation risks. Companies appear to be absorbing tariff costs, but this may prove temporary. Markets will look to Walmart’s earnings on Thursday and the Jackson Hole conference for guidance on growth, labor markets, and the Fed’s stance. A 20-year Treasury auction later this week will also provide clues on long-term debt appetite.
Key Levels: Support at 6,426.7 | Resistance at 6,506.9 / 6,558.9