SPX 500

S&P 500 forecast remains bullish despite brief pullback, with US data dump in focus: retail sales, PPI, jobless claims among others. Tech stocks ease, but AI optimism means downside could be limited.

U.S. stocks point to a modestly higher open as investors pause for breath following a strong start to the week fueled by optimism surrounding the U.S.-China trade deal and cooler-than-expected inflation. US indices have rebounded strongly as the worst-case scenario for trade tariffs has passed and amid a de-escalating trade war with China.

U.S. stocks are set to open broadly higher after US inflation cooled by more than expected and as the market continues digesting the de-escalation of the U.S.–China trade war. US CPI cooled to 2.3% YoY, down from 2.4% in March, below expectations of 2.4%. This marked the slowest pace in inflation since spring 2021, and it was the third month in a row that inflation was cooler than expected.

The FOMC support that’s become commonplace for stocks since the GFC remains missing as the bank tangles with inflation expectations on the back of uncertain tariffs.

U.S. stocks are set to open lower on Tuesday after President Trump's plan to impose further trade tariffs dampened investor sentiment. The Federal Reserve's two-day meeting also kicks off today ahead of tomorrow's rate decision. The Fed is expected to leave rates unchanged at 4.25%- 4.5% and wait for further clues over the impact of trade tariffs on the economy.

Stocks rebound sharply, with all three major indices hitting fresh multi-week highs- Fed on tap. Battle lines drawn on the SPX500, NDX & DJI weekly technical charts.

The S&P 500 staged an impressive comeback after an early stumble, bouncing back from around 2% down to finish the session higher—before adding to gains in overnight futures trading. Buoyant earnings from US tech giants and fading fears over harsh trade measures have helped turn the tide, with traders now seriously considering the likelihood of rate cuts by the Federal Reserve in the near future.

Although down noticeably today, the S&P 500 forecast is not fully bearish yet. This is because the Fed is now more likely to step in sooner with its rate cuts to support an ailing economy, while the weakness in data could also encourage Trump to ease off on tariffs and make deals, quicker.

U.S. stocks are set for a quiet open with little change on Monday ahead of a week packed with economic data and earnings from big tech. Trade policy developments also remain in focus. Last week, stocks rallied in hopes of a de-escalation in the US-China trade war, but there is still a lack of clarity. This week, big tech earnings, US GDP, core PCE, and NFP are all in focus.

The ‘Black Monday’ calls were only a few weeks ago but bulls have since made a strong move off the April lows.

U.S. stocks are broadly unchanged amid ongoing China-U.S. trade uncertainty. However, a slight tone softening from both sides means stocks are set to rise across the week. Alphabet is rising after its quarterly earnings beat forecasts.