Market Overview
Equity markets experienced a significant drop last Friday, prompting discussions about a potential “dead cat bounce” in today’s trading. Analysts caution that unless there is a breakout above resistance levels, the recent market movement might not signal a sustained recovery.
Trade Tensions
Ongoing trade tensions between the U.S. and China continue to weigh heavily on market sentiment. Investors are closely monitoring developments as any escalation could further impact global economic stability and investor confidence.
Upcoming Week Outlook
As the week progresses, market participants are advised to remain vigilant. Analysts suggest that fluctuations may persist until clear indicators of recovery or further decline emerge.