S&P 500 may decrease due to weak data and tech earnings

From Investing.com: 2025-04-30 09:19:00

The S&P 500 closed higher on Tuesday, but is expected to open 1.4% lower today due to weak economic data. Investors are awaiting earnings reports from major tech companies like Microsoft and Meta. The market is facing potential consolidation as investor sentiment worsens, with only 21.9% bullish. The Nasdaq 100 is consolidating ahead of key earnings reports that could impact market direction. The VIX has been stabilizing at lower levels, indicating growing investor confidence. S&P 500 futures are pointing lower this morning, with support around 5,400.



Read more at Investing.com: S&P 500 Could Pull Back With Tech Earnings and Soft Data in Focus