S&P 500 had a slight pullback, but likely to open higher today.

From Investing.com: 2024-10-16 08:46:00

Tuesday’s trading session saw the S&P 500 fall 0.76% below its record high, with NVIDIA dropping almost 5%. Today, the S&P 500 may open 0.1% higher, as investors await more quarterly reports. The AAII Investor Sentiment Survey showed improved investor sentiment, with 49.0% bullish and 20.6% bearish. The Nasdaq 100 retraced recent gains and is expected to open slightly higher today. The VIX, a measure of market fear, has been rising, indicating some fear in the market. S&P 500 Futures Contract remains above previous highs, suggesting strong support levels. Overall, the market outlook remains neutral for now.



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