Read more
12:59 PM · 17 September 2021

📉US500 undecided ahead of the UoM data

-
-
Open account Download free app

Volatility ahead of the Wall Street session is very limited. In fact, the declines do not exceed 0.1%, although in the afternoon we saw a clear retraction on the European indices, which was followed by American contracts. However, much of the downward move has been erased. Despite the fact that volatility has been low so far, however the rest of the day looks interesting. First, the UoM consumer confidence index will be published at 3:00 PM BST. In August the reading surprised negatively, falling to 70.3 points, the lowest level since 2011. Now a very slight rebound to 72 points is expected. Before the pandemic, readings often exceeded 95-100 points.

The second factor that can move the markets today is the so-called quadruple witching day in the US. Always in the last month of a quarter, on the third Friday of the month, futures contracts on stocks, indices, options, etc. expire which often increase volatility, especially in the last trading hour.

US500 swings between gains and losses during today's session. If sellers will manage to gain control then breaking below the 50 SMA may occur. On the other hand, the area around the 38.2 Fibonacci retracement acted as a key resistance recently. Source: xStation5

30 January 2026, 6:09 PM

Three Markets to Watch Next Week (30.01.2026)

30 January 2026, 11:26 AM

Market wrap: European indices outperform US stocks ahead of the opening bell on Wall Street 📉

29 January 2026, 6:48 PM

Daily summary: Wall Street and precious metals try to rebound 📈Microsoft down 12%

29 January 2026, 3:12 PM

US Open🚨US100 slides almost 2% amid 11% Microsoft shares crash📉

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits