From Investing.com: 2025-04-23 09:11:00

The S&P 500 is set to open higher today, up 2.3%, following positive sentiment from easing tariff talks and strong corporate earnings. Tesla’s earnings report has boosted market sentiment, with key resistance at 5,500 for the S&P 500.

The Nasdaq 100 closed 2.63% higher on Tuesday, with Tesla’s earnings report driving a nearly 7% increase in premarket trading. Resistance for the Nasdaq 100 is around 18,800-19,200, with support at 18,000.

The VIX is pulling back below 30 today, indicating decreasing investor fear as stock prices rise. A lower VIX suggests less fear but also increases the probability of a market downturn.

S&P futures contract is rallying 2.3% higher this morning, with key resistance at 5,500-5,550 and support at 5,300. The market is advancing within a two-week consolidation period.



Read more at Investing.com: S&P 500: Will This Advance Continue to Break Key Resistance Levels?