BREAKING: US100 erases early losses

Despite the negative start of the session Wall Street bulls managed to regain control. The Dow Jones Industrial Average gained 0.24%, while the S&P 500 rose nearly 0.5%, while Nasdaq jumped 1.0%. There is not clear reason behind this move, some suggest declining bond yields, where U.S. 10 Year Treasury yield fell below 3.15% from last week’s high of 3.43%. Also Powell’s comments regarding demand destruction which could be seen by some market participants as a sign that Fed will raise interest rates at a slower pace. In turn oil sell-off could be seen as a deflationary factor.

US100 rose sharply during Powell's testimony and is approaching local resistance at 11785 pts. Source: xStation5

8 May 2026, 6:39 PM

Daily Summary: Technology Drives Wall Street to Record Highs Despite Tensions in the Persian Gulf

8 May 2026, 4:55 PM

🔴 Three markets to watch next week: EURUSD, CH50cash, OIL (08.05.2026)

8 May 2026, 3:33 PM

US Open: Earnings season and strong NFP report drive Wall Street higher!

8 May 2026, 12:42 PM

Nasdaq surges 0.8% at historic high📈How strong is the US earnings season?

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