From Investing.com: 2025-05-06 09:33:00

U.S. stock futures indicate a second day of losses, with Palantir and Ford’s stocks dropping after disappointing results and warnings about tariffs. DoorDash falls 5% after announcing a deal to buy Deliveroo and missing revenue expectations. The Dow Jones index ends a nine-day rally, with HKMA reducing U.S. treasury holdings affecting sentiment. Friedrich Merz fails to secure votes to become Germany’s chancellor, causing uncertainty and a 1.4% drop in the Euro. German lawmakers plan to vote on Merz again, while the dollar faces selling pressure and gold approaches resistance at $3400/oz. President Trump plans new pharma tariffs and meets with the Canadian Prime Minister. Economic data releases are quiet, with potential market volatility from tariff talks and the German vote outcome. Technical analysis of the Dow Jones index shows mixed price action, with support at 40738 and 40537 and resistance at 41000 and 41100.



Read more at Investing.com: Dow Jones, S&P 500 Struggle as Sentiment Remains Fragile