empty
31.10.2023 02:29 PM
US premarket on October 31: US stock market continues its gradual recovery

US stock index futures opened in the red, but then quickly compensated for the losses, continuing the upward trend observed on Monday. This rise was supported by discussions suggesting that the Federal Reserve might announce the end of its rate hike cycle in its upcoming meeting. S&P 500 futures grew by 0.2%, while the tech-heavy NASDAQ increased by 0.4%. Bonds surged, and yields declined after the US Treasury reduced its federal borrowing estimate for the current quarter, citing higher-than-expected revenues.

This image is no longer relevant

Investors also closely monitored the changes from the Bank of Japan due to its strict control over the bond market ever since it introduced yield curve control in 2016. On Tuesday, the central bank stated that it would adopt a more flexible approach to controlling the yield of 10-year government bonds, marking a departure from its previous commitment to daily bond-buying operations under 1%. Despite this, the yen dropped, as the regulator made only minor adjustments to its policy, disappointing some market participants who were expecting more.

This is the first critical assessment of whether Japanese officials are concerned about the yen's devaluation rate or its specific levels. The lack of significant adjustments indicates that authorities aren't overly worried about the current exchange rate for now, but they are also not taking their eyes off it. The prospect of a weaker yen and negative interest rates means that Japanese stocks are poised for growth.

In other countries, oil prices rebounded after a sharp decline yesterday, as investors kept an eye on developments in the Middle East. Overnight, Israel launched more strikes against targets in Lebanon and Syria, while also stepping up ground operations in the Gaza Strip. The price of West Texas Intermediate oil rose to nearly $83 per barrel. The deployment of NATO troops to the Middle East also raises the risk of further escalation in the conflict.

This image is no longer relevant

The technical outlook for S&P 500: Demand for the index may persist. For now, bulls need to defend $4,143 and take control of $4,175. This will help halt the downward trend and also pave the way for a surge to $4,203. Another key objective for bulls will be to control $4,229, which will solidify the bull market. If there's a downward movement due to a decrease in risk appetite, bulls will have to protect $4,143. Breaking through this level, the index may return to $4,114 and plummet to $4,091.

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.