The S&P 500 maintains a cautiously bullish stance as the U.S. Treasury ramps up short- and long-term note issuance. While yields remain elevated, they’re off July highs. Market optimism is being tempered by the Fed’s resistance to cutting rates despite rising political pressure. This balancing act between fiscal stimulus and monetary restraint may be stabilizing investor expectations.
Key Levels: Support at 6,231.5 | Resistance at 6,377.2
Investor Takeaway: The economy is in a sensitive phase—momentum is supported by real capital deployment, but overreliance on policy shifts (like rate cuts) may backfire. Investors should focus on real economy-linked sectors and U.S.-focused themes.
