Upbeat moods seen on Wall Street yesterday and in Europe today hint that investors do not seem to be concerned about acceleration in US price growth. Nasdaq-100 futures (US100) are trading around 0.2% higher on the day. US tech index trades at the highest level since April 29 and around 0.5% below its all-time highs. Moreover, should the H4 candlestick close near current levels, a bullish engulfing pattern may surface on the chart. Other US indices, like for example S&P 500, reached record levels yesterday.
US100 extends gains and looks towards all-time highs from April. Source: xStation5
📌US500 loses 1%
US Open: Wall Street indices under continued selling pressure 📌Technology stocks slide
Nvidia results preview
Market worries persist, but is the worst of the sell off behind us?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
