Trading Insights

S&P 500

Mixed Data and Elevated Yields Keep Equities on Edge


The S&P 500 trades cautiously bearish after jobless claims rose while manufacturing PMI improved, leaving investors with conflicting signals. With Powell set to speak at Jackson Hole, markets brace for volatility as liquidity, trade tensions, and inflation dominate the agenda. Technicals point lower with RSI trending down and MACD showing fading buying strength.
Key Levels: Support at 6,346 | Resistance at 6,402 / 6,460