Indices

After a bright start, the S&P 500 and Nasdaq 100 were coming off their highs, while the Dow and Russell lost their earlier gains. The loss of momentum comes after the S&P enjoyed one of its strongest days so far this year in the previous session. Clearly, investors are fearful about further volatility ahead and are happy to book profit, as the major indices test key resistance areas.

Wall Street staged a respectable bounce following Powell’s somewhat dovish tone, but—as we’ve seen in recent sessions, the gains could not hold for too long.

The ASX 200 is seeing bullish signs of life after four weeks of heavy selling, and shows the potential to retest 8000 or even 8100. But given the bearish interest that saw prices plunge the prior four weeks, further losses appear likely after a corrective bounce plays out.

The ASX 200 has not been spared by the stock rout stemming from Wall Street, which currently sits at a 31-week low. But those looking to diversify away from the 'sell everything' theme which plagues Wall Street may want to check out the Hang Seng,

Volatility remains the name of the game, making it difficult for both the bulls and bears to predict the Nasdaq 100 forecast. Recent sessions have seen efforts to establish a base, with tech megacaps staging a strong recovery yesterday. Nvidia surged 6.4%, climbing back above $115, Tesla rallied 7.6%, and AMD regained the critical $100 level with a 4.1% gain.

Sentiment received a boost today as February inflation came in cooler than anticipated, propelling stocks higher after two days of steep declines. Techs were leading the charge with Nvidia up 6.7% and Tesla up 8% at the time of writing. Can the tech megacaps lead a market recovery and boost the short-term S&P 500 forecast?

While the past four weeks of bearish price action on Wall Street has surprised some, asset managers have raising their bets against Nasdaq 100 futures since January.

SPI futures are oversold, iron ore is climbing—could bulls finally push back? Key levels in focus.

I suspect the S&P 500 and Nasdaq 100 could be looking at fresh cycle lows before they break to new record highs, but that doesn't mean they cannot post a cheeky bounce along the way.

Sentiment has been boosted because Germany’s incoming Chancellor Friedrich Merz has unveiled plans to inject hundreds of billions of euros into defence and infrastructure, which marks a significant departure from Germany’s traditionally rigid borrowing rules, fuelling optimism for a broader economic uplift across Europe. The focus is now turning to the ECB rate decision and President Lagarde’s press conference tomorrow, which could influence the DAX forecast.

US Commerce Secretary Howard Lutnick hinted at a compromise on tariffs on Tuesday, while Trump himself acknowledged that there may be an “adjustment period” to tariffs. The key question for the near-term S&P 500 outlook now is whether the recovery will hold?

Markets swung hard after Lutnick’s late bombshell on tariffs, fueling a powerful squeeze in risk assets. Bond bulls are suddenly on the ropes, EUR/USD has broken out, and S&P 500 futures are clinging to key support. Is this a turning point, or just another violent twist in the trade spat?

S&P 500: forecast: Markets took a beating across the board and were at their lows at the time of writing. Sentiment turned sour as mounting fears over the economic fallout from an escalating trade war drove investors towards short-term bonds, gold, and haven currencies like the yen.

US stock markets have repeatedly defied gravity and managed to put big obstacles behind it. Can this be yet another such scenario, or will we see a more meaningful correction? Judging by how European markets have bounced back, I wouldn’t bet against a US stock market rebound. But before turning tactically bullish on the Nasdaq 100 outlook again, we will need to see some bullish price action.

Trade war risks means the Nasdaq 100 forecast is subject to increased volatility. The focus is now turning to Core PCE data on Friday, after another disappointing set of macro releases with pending home sales plunging 4.6% month-on-month and jobless claims rising 242K vs. 222K expected.

Nothing else seems to matter today, and there is not much on the economic calendar to shift the focus away. So, earnings from Nvidia and the performance of the technology stocks in general is what will impact the S&P 500 forecast.

US index futures came off their earlier lows as European markets bounced back to trade higher across the board, with the major indices here showing gains of 0.5 to 1.3 percent by midday in London.