empty
26.04.2022 02:44 PM
US premarket on April 26: US stock market rebounds but fails to reach yearly lows

US stock index futures slightly declined on Tuesday after showing an attempt to find a bottom on Monday and bouncing upward in hopes that April's sell-off is gradually coming to an end. Dow Jones Industrial Average futures dropped by about 140 points or 0.4%. S&P 500 futures plunged by about 0.4% and Nasdaq 100 futures decreased by 0.4%.

This image is no longer relevant

Yesterday, the Dow Jones index gained more than 200 points. The sharp market reversal sent the Nasdaq Composite and the S&P 500 up by 1.3% and 0.6% respectively. Indeed, the reversal is quite impressive, but it is unlikely to be the end of the market decline seen throughout April.

Falling US government debt yields led to a slight strengthening of the technology sector. In particular, companies such as Microsoft, Alphabet, and Meta Platforms increased. Twitter also jumped after its board accepted an offer from Tesla CEO Elon Musk. Musk is set to become Twitter's next owner, paying about $44 billion for it. Now users are wondering how he will fulfill his promise to develop new features by opening his algorithm to the public. Musk also recently made the announcement that he planned to make the most honest social network with free speech and investors fear these changes. Some experts who have spent years studying content moderation and researching Twitter have expressed doubt that Musk knows exactly what he is going to do.

The upward market correction also points to the acceptance of an interest rate hike by the Federal Reserve as early as May this year, as no one else will talk about it until the meeting. Usually, the committee maintains a silent mode before the meeting so investors can cool down their concerns. That's what will happen this time, too. The severely oversold market relative to this year's opening levels makes it attractive, counting on a smoother landing of the economy after more than two years of central bank stimulus.

As for economic data, investors are waiting for fresh data on new home sales and consumer confidence. A major divergence from the figures will lead to a spike in volatility. Good readings, on the other hand, are likely to strengthen markets.

This image is no longer relevant

Premarket

PepsiCo, the food and beverage giant, fell in premarket trading, though the company reported higher profits as consumers paid more for some of the company's key brands.

General Electric shares fell by 3.5% despite beating forecasts in its quarterly report. The company reiterated its previous full-year earnings forecast but said it saw challenges related to inflation and supply chain issues.

3M stock was flat at the premarket after reporting quarterly earnings that beat estimates. The company reported revenue of $8.83 billion, compared with analysts' expectations of $8.74 billion.

This image is no longer relevant

As for the technical picture of the S&P 500

Bulls managed to reach above $4,265 yesterday, but that's all for now. All they need now is to hold the price above this level. Only if the price fixes above this level, it may reverse the bearish sentiment, observed since early April. However, it's too early to talk about the bull market. A consolidation above $4,265 opens an opportunity for a return to $4,319 and a renewal of $4,376. In case of return of pessimism, which is obvious - nothing good happens apart from corporate reports, as well as in case of weak statistics on consumer confidence indicator in the United States, bulls will have to protect $4,265. If the trading instrument falls below this level, it will quickly reach the low of $4,216. If you miss this level, it is better to postpone opening longs until the index reaches the lows of $4,162 and $4,113.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

El mercado de valores el 14 de marzo: los índices SP500 y NASDAQ continúan cayendo

Los futuros del índice de acciones S&P 500 y NASDAQ continuaron su fuerte descenso y volvieron al desarrollo de un escenario bajista. Las acciones asiáticas, así como los futuros

Jakub Novak 10:16 2025-03-14 UTC+2

Mercado de EE.UU. NASDAQ y S&P 500 en territorio de corrección: 10% por debajo de sus máximos.

S&P500 Análisis del 14 de marzo Mercado de EE.UU.: Corrección profunda. Principales índices de EE.UU. el jueves : : Dow -1.3%, NASDAQ -2%, S&P 500 -1.4%, S&P500 5521, rango 5400

Jozef Kovach 10:15 2025-03-14 UTC+2

Google, la Reserva Federal, Salesforce y los mercados de divisas: eventos que no se pueden ignorar

Los mercados modernos no se detienen: las nuevas tecnologías, los datos macroeconómicos y las decisiones políticas pueden cambiar instantáneamente el equilibrio de poder en la economía global. En este artículo

Natalia Andreeva 11:14 2025-03-13 UTC+2

S&P 500 se acerca a un punto de reversión. ¿Riesgo o oportunidad?

El mercado de valores estadounidense sigue mostrando una alta volatilidad, pero los inversores comienzan a buscar puntos de entrada después de la reciente caída. El enfoque está en la dinámica

Anna Zotova 11:14 2025-03-13 UTC+2

El mercado bursátil el 13 de marzo: el crecimiento de los índices S&P 500 y NASDAQ no duró mucho

Los futuros de los índices S&P 500 y NASDAQ volvieron a caer después de la publicación de los datos de inflación en EE. UU. de ayer, que, sorprendentemente, indicaron

Jakub Novak 07:55 2025-03-13 UTC+2

El mercado de valores el 12 de marzo: los índices SP500 y NASDAQ alcanzaron un nuevo mínimo

Los futuros del índice S&P 500 subieron un 0,2% después de perder un 0,76% al cierre de la jornada anterior, mientras que los contratos de futuros del Nasdaq 100 aumentaron

Jakub Novak 08:18 2025-03-12 UTC+2

El mercado de valores el 11 de marzo: los índices SP500 y NASDAQ cayeron más del 5,0%

La venta masiva de acciones continuó ayer, pero ya se desaceleró hoy durante la sesión asiática, lo que llevó a una recuperación de los futuros de los índices bursátiles estadounidenses

Jakub Novak 08:13 2025-03-11 UTC+2

El mercado de valores el 7 de marzo: los índices SP500 y NASDAQ volvieron a caer

Ayer, los índices bursátiles estadounidenses reanudaron su caída, alcanzando nuevos mínimos semanales. El índice S&P500 perdió un 1,78%, mientras que el tecnológico NASDAQ cayó un 2,61%. Las acciones asiáticas también

Jakub Novak 07:58 2025-03-07 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.