S&P 500 Steady but a Surprise from Trade Talks Could Shift Sentiment

From Investing.com: 2025-05-09 10:17:00

The S&P 500 closed below the 5,700 resistance level despite gaining 0.58% on Thursday. Futures suggest a 0.2% higher open today as investors cautiously await U.S.-China trade talks this weekend. China faces U.S. duties of at least 145% with reciprocal levies of 125%. Investor sentiment has improved, with 29.4% bullish and 51.5% bearish. The Nasdaq 100 is sensitive to U.S.-China relations and is likely to open 0.4% higher today. The VIX hit a new low of 21.88, signaling reduced market fear. Consider going long on JPM stock. S&P 500 futures are trading sideways around 5,700, presenting potential entry opportunities.



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