- The S&P 500 has built on past earnings and is targeting the 4600 level.
- The Nasdaq 100, while still lagging behind the S&P 500 and the Dow, has seen an impressive recovery from the lows.
US equities it has continued to rally in the second half of the US session, with a recovery now broader with tech and growth stocks joining the party despite continued rising yields. The S&P 500 Index is now up almost 1.5% and is considering a test of the 4600 level. The Dow remains in the lead and is now closer to 2.0%. Meanwhile, the Nasdaq 100 is up about 1.0%, which means it has reversed more than 1.8% from the lows of the previous session.
Technical levels
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
