S&P 500 Index: Recent strength seen as a bear market rally – Credit Suisse

S&P 500 Index: Recent strength seen as a bear market rally – Credit Suisse SP500 Banks

Scope for a near-term bounce

“Resistance at 3796/3804 capping can keep the immediate risk lower for a fall back to 3698, then support next at the 3652/47 late October low ahead of a retest of the key 200-week average at 3620/19.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman cuts expectations for S&P 500 profit growth through 2024Profit margins contracted during the quarter ended in September for the first time since the start of the pandemic on a year-over-year basis.
Read more »

More than 500 voting centers open throughout Los Angeles CountyMore than 500 voting centers opened throughout Los Angeles County on Saturday, providing locals plenty of options to get their ballots in ahead of Tuesday's General Elections.
Read more »

New group urges donations of province's $500 'Affordability' chequesSaskatchewan\u0027s government is mailing out $500 Affordability Tax Credit cheques later this year and The 500 Club is asking people to donate.
Read more »

USD Index: Bullish narrative remains in place, but watch for the mid-terms – INGMacro factors continue to point to Dollar strength. But there are two key risk events for the USD this week: US Consumer Price Index (CPI) data and mi
Read more »

Misery index makes a case to replace the Democratic Party monopoly in CongressWhether fair or not, the president’s party gets the credit or the blame for the American economy.
Read more »