• S&P 500 and Nasdaq hit new highs
• Oil price at 5-month highs
US indices are trading higher with both the S&P 500 and the Nasdaq hitting fresh all-time highs. Upbeat quarterly reports from Salesforce, Intuit and HP Enterprise and positive economic data lifted market sentiment. US durable goods orders surged over 11% in July, well above analysts' expectations. Tomorrow markets attention will focus on speech from FED Chairman Jerome Powell at the virtual Jackson Hole symposium. Investors are hoping for more information regarding the central bank's view on inflation and more indications on the Fed's next monetary policy steps.
NZDUSD - currency pair managed to bounce off the support zone at 0.6527 and rally. Should upbeat moods prevail, resistance at 0.6714 may come into play. Source:xStation5
Three markets to watch next week (09.02.2026)
US100 gains after the UoM report🗽Nvidia surges 5%
Geopolitical Briefing (06.02.2026): Is Iran Still a Risk Factor?
Market wrap: European indices attempt a rebound after Wall Street’s record selloff 🔨