Stocks pause U.S.-China rally with inflation on deck
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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
US stock futures held steady after a strong trading session on Wall Street, where the S&P 500 erased its losses for 2025.
The increase follows the company's better-than-expected Q4 FY'25 earnings report (March year) and an optimistic revenue forecast for Q1 FY'26
Although they long for more clarity about tariffs, investors are nervous about sitting on the sidelines as stocks climb.
US stock futures held steady after a strong trading session on Wall Street, where the S&P 500 erased its losses for 2025.
The S&P 500 on Monday was on track to close above its 200-day moving average, a key technical support level that could set the index up for further gains.
Adding fuel to the fire, the U.S. Dollar Index collapsed below the key 100 level last week, hitting its lowest level since April 2022. That may sound like a win for exports or gold, but when paired with rising yields and falling bond prices, it’s a signal that global capital may be exiting U.S. assets altogether.
The 200-day moving average for the S&P 500 is the line in the sand between a sentiment-driven rally and a durable climb to new highs, market strategist says.