S&P 500: Bulls in Wait-and-See Mode, but Overall Trend Still Favors Upside

From Investing.com: 2025-05-15 07:14:00

Global markets were trading defensively on Thursday morning after a strong Wall Street rally earlier in the week on US-China trade truce news. Equity futures were down 0.44%, with European indices easing off. Despite this, the market remains bullish, with major indices making progress. Positive UK and eurozone data was reported, while US data release looms large. Tech stocks dipped slightly, with oil prices falling due to potential increased oil supply. S&P 500 remains in an uptrend, with key support and resistance levels to watch. Investors are cautious ahead of data dump and tech pullback.



Read more at Investing.com: S&P 500: Bulls in Wait-and-See Mode, but Overall Trend Still Favors Upside