empty
28.06.2023 12:43 PM
New York pre-market on June 28. Wall Street could extend its rally

Futures for US stock indices opened in the red and cannot recouped losses so far on the back of news that Washington lawmakers are considering new restrictions on chip sales to China. The news led to a major sell-off for chip makers. Futures for the S&P 500 fell by 0.3%, while the tech NASDAQ shed more than 0.5%. Nvidia Corp. and Advanced Micro Devices Inc. sank by more than 3%.

This image is no longer relevant

According to the latest rumors, lawmakers have come to the conclusion that it is necessary to stop sales of some artificial intelligence chips to China. Such prospects could increase tensions between the two countries. Washington's tougher moves will be a headwind for chip makers like Nvidia, they are unlikely to have a significant impact on appetite for stocks that soared amid the AI frenzy seen just a month ago. Undervalued shares of high-tech companies, on the contrary, will come under the spotlight. Even with a slight drop, this is a minor pullback compared to the triple-digit moves in some stocks earlier in the summer.

The European Stoxx 600 index added 0.5%, while the Japanese Nikkei 225 jumped by 2%, catching up with another yesterday's rally in the US stock market.

Shares of UBS Group AG rose after news that the company is preparing to lay off more than half of Credit Suisse Group AG's staff. Shares in Swedish landlord SBB AB jumped after analysts at Goldman Sachs Group Inc. upgraded its rating to "buy".

Given that no important statistics are available today, investors are waiting for news and statements by central bankers from the forum in Portugal, where ECB President Christine Lagarde, Federal Reserve Chairman Jerome Powell, Bank of Japan's Governor Kazuo Ueda, and Bank of England's Governor Andrew Bailey will deliver their speeches.

Meanwhile, Treasury yields are trading slightly lower than a day earlier. Upbeat US economic data released yesterday highlighted the likelihood that the Fed will need to tighten monetary policy further. Lagarde and several ECB policymakers also reiterated yesterday that the ECB will continue to raise interest rates.

The Federal Reserve is expected to publish the results of its annual banking industry stress test today. Analysts are largely betting that nothing major will happen after this, even though regulators are looking into the scenario of imposing stricter capital requirements after several crashes in the financial industry in March of this year.

This image is no longer relevant

Oil futures are trading near weekly lows. Gold, having broken below $1,935, continued its fall. At the time of writing, it has reached the level of $ 1,900 per troy ounce.

As for the technical picture of the S&P500, the demand for the index has returned. Buyers have a chance to enable the uptrend, but the bulls need to push the index to $4,383 and $4,416 by all means. After these levels are taken out, the door will be open to $4,447. Another challenge for the bulls will be to control $4,488. If successful, this will strengthen the bull market. In the case of a move down amid a decrease in the risk appetite, the buyers simply have to assert themselves in the $4,350 area. The breakdown will quickly push the trading instrument back to $4,320 and open the way to $4,290.

Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Mercado de ações em 28 de julho: S&P 500 e NASDAQ atingem novos recordes históricos

Na última sexta-feira, os índices de ações dos EUA fecharam em alta. O S&P 500 subiu 0,40%, enquanto o Nasdaq 100 ganhou 0,20%. O Dow Jones Industrial Average fortaleceu

Jakub Novak 17:36 2025-07-28 UTC+2

Atualização sobre o mercado de ações dos EUA em 23 de julho: SP500 e NASDAQ recuperam todas as perdas anteriores

No fechamento de ontem, os índices de ações dos EUA encerraram com resultados mistos. O S&P 500 subiu 0,06%, enquanto o Nasdaq 100 caiu 0,39%. O Dow Jones Industrial ganhou

Jakub Novak 17:47 2025-07-23 UTC+2

Trump fecha acordo com o Japão — e outras manchetes importantes que influenciam seu portfólio

Os mercados se preparam para uma nova onda de disrupções: Trump fecha acordo tarifário com o Japão, Apple evita multas multimilionárias, Amazon desafia a Meta e a OpenAI, e AstraZeneca

Аlena Ivannitskaya 17:16 2025-07-23 UTC+2

Atualização do mercado de ações dos EUA em 22 de julho. SP500 e NASDAQ em forte queda

Os índices de ações dos EUA fecharam mistos ontem. O S&P 500 subiu 0,14%, e o Nasdaq 100 ganhou 0,38%. No entanto, o índice industrial Dow Jones caiu 0,04%. Hoje

Jakub Novak 14:28 2025-07-22 UTC+2

Ações dos EUA encerram a semana em alta

S&P 500 Perspectiva para 21 de julho O mercado dos EUA encerrou a semana com ganhos Principais índices dos EUA na sexta-feira: Dow -0,3%, Nasdaq estável, S&P 500 estável

Jozef Kovach 20:31 2025-07-21 UTC+2

Eleições decisivas no Japão e três sinais importantes para os traders

Mercados novamente em turbulência: o iene oscila em meio ao colapso da coalizão Ishiba, as criptomoedas ultrapassam os US$ 4 trilhões enquanto os EUA aprovam a primeira lei de stablecoin

Аlena Ivannitskaya 18:29 2025-07-21 UTC+2

Mercado de ações a 18 de julho: SP500 e NASDAQ continuam a subir

Ontem, os principais índices acionários dos Estados Unidos encerraram o dia em alta. O S&P 500 avançou 0,54%, enquanto o Nasdaq 100 teve uma valorização de 0,75%. O índice industrial

Jakub Novak 18:10 2025-07-18 UTC+2

Update on US stock market on July 18. Investors overwhelmed by optimism. SP500 above 6,300

S&P500 Instantâneo dos principais índices de ações dos EUA na quinta-feira Dow +0.5%, NASDAQ +0.7%, S&P 500 +0,5%, o S&P 500 fechou em 6.297, negociado em uma faixa de 5.900

Jozef Kovach 14:35 2025-07-18 UTC+2

Atualização sobre o mercado de ações dos EUA em 17 de julho: principais índices de ações consolidando-se abaixo de suas máximas

S&P500 Resumo dos principais índices bolsistas dos EUA na quarta-feira Dow +0.5%, NASDAQ +0.3%, S&P 500 +0,3%, S&P 500 fechou em 6263, sendo negociado numa faixa de 5900 a 6400

Jozef Kovach 17:58 2025-07-17 UTC+2

Mercado de ações em 17 de julho: SP500 e NASDAQ impulsionados por especulações sobre Powell

Ontem, os índices bolsistas dos EUA fecharam em alta. O S&P 500 subiu 0,32%, enquanto o Nasdaq 100 ganhou 0,25%. O Dow Jones Industrial Average fortaleceu-se 0,53%. O dólar recuperou

Jakub Novak 16:20 2025-07-17 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.