Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Nasdaq 100, S&P 500, DAX, Nasdaq 100 Futures. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Watch key support levels in the S&P 500 and Nasdaq 100 as futures remain mixed ahead of a crucial jobs report.Unlock access to InvestingPro’s AI-selected stock winners for under $9 a month!
This report will influence the Federal Reserve's decision on whether to cut rates by 50 or 25 basis points in November. A breakout above 20,500 points would signal a return to the bullish trend, likely triggering a fresh attempt to reach historical highs.Among the major indices, the S&P 500 demonstrates remarkable resilience, registering only a modest 1% correction in recent days. Currently, it’s resting on a support level of 5,760 points, established by previous historical highs.
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