empty
24.01.2023 02:46 PM
US premarket on January 24: US stock market fears corporate earnings reports

On Tuesday, European and US stock index futures are trading lower, struggling to hold on to the previous day's rally as investors prepare for important earnings and expense reports from many leading technology companies.

This image is no longer relevant

European bonds rose and the four-day euro growth streak came to a halt after business activity data increased but was worse than economists' forecasts. The market did not react either to today's strong data on the S&P Global PMI Composite in the EU, which rose to 50.2 points in January, much better than economists' forecasts of 49.8 points. For the first time since June 2022, the indicator moved above the 50-point threshold separating growth from contraction.

The Stoxx 600 index lost early gains and went into the red zone, while the Nasdaq 100 and S&P 500 futures are trading at -0.2%.

An upcoming wave of corporate earnings reports from tech giants such as Microsoft Corp. and Texas Instruments Inc. as well as industrial companies such as GE will test the recovered demand for risky assets. Some traders are preparing for the worst drop in tech earnings since 2016. For example, Microsoft is predicted to report its smallest sales growth in six years. However, there are also those who believe that lower inflation and cost-cutting measures helped to avoid a deeper downturn.

Traders expect that the US Federal Reserve is nearing the end of its rate hike cycle. They also believe that the US central bank will raise rates by only 25 basis points at its February meeting, the first meeting of the year.

Yields on German and UK 10-year government bonds fell. The latter was under pressure from poor business performance.

Oil prices stabilized as traders awaited new inventory data. Copper was trading near its highest level in seven months and gold continued to rise for the fourth straight week.

This image is no longer relevant

As for the S&P 500 index, bulls continue to control the market. The index may continue to grow. However, they need to protect the support of 3,986. At the same time, bulls should return the level of $4,010 under control. Only after that, the trading instrument may soar to $4,038. The level of $4,064 will be difficult to reach. If the index declines and we see low activity from bulls at $3,986, they will have to protect $3,960. Breaking through this level from above, the trading instrument may be pushed to $3,923.

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

Mercado bursátil el 24 de abril: los índices SP500 y NASDAQ hicieron una pausa en el rally

Al cierre de la última sesión regular, los índices bursátiles estadounidenses finalizaron al alza. El S&P 500 subió un 1,67% y el Nasdaq 100 avanzó un 2,50%. El Dow Jones

Jakub Novak 08:25 2025-04-24 UTC+2

Mercado bursátil el 22 de abril: los índices SP500 y NASDAQ siguen perdiendo posiciones

Al cierre de la última sesión regular, los índices bursátiles estadounidenses terminaron en caída. El S&P 500 cayó un 2,36%, el Nasdaq 100 descendió un 2,45% y el Dow Jones

Jakub Novak 08:49 2025-04-22 UTC+2

Mercado bursátil el 21 de abril: los índices SP500 y NASDAQ volvieron a caer en medio de nuevos rumores

Al final de la última sesión regular, los índices bursátiles estadounidenses cerraron de forma mixta. El S&P 500 subió un 0,13%, mientras que el Nasdaq 100 cayó un 0,13%

Jakub Novak 08:48 2025-04-21 UTC+2

Mercado bursátil a 18 de abril: los índices SP500 y NASDAQ intentan estabilizarse

Según los resultados de la última sesión regular, los índices bursátiles estadounidenses cerraron de manera mixta. El S&P 500 subió un 0,13%, mientras que el Nasdaq 100 cayó un 0,13%

Jakub Novak 09:01 2025-04-18 UTC+2

Mercado bursátil el 17 de abril: los índices SP500 y NASDAQ se desplomaron tras las declaraciones de Powell

Al cierre de la última sesión regular, los índices bursátiles estadounidenses registraron una fuerte caída. El S&P 500 cayó un 2,24%, mientras que el Nasdaq 100 descendió un 3,07%

Jakub Novak 08:45 2025-04-17 UTC+2

Mercado bursátil el 16 de abril: los índices SP500 y NASDAQ vuelven a caer

Al cierre de la última sesión regular, los índices bursátiles estadounidenses terminaron con pérdidas. El S&P 500 cayó un 0,17%, el Nasdaq 100 bajó un 0,05% y el Dow Jones

Jakub Novak 13:06 2025-04-16 UTC+2

Mercado bursátil eal 15 de abril: los índices SP500 y NASDAQ frenan su crecimiento activo

Al término de la última sesión regular, los índices bursátiles estadounidenses cerraron al alza. El S&P 500 subió un 0,79% y el Nasdaq 100 aumentó un 0,64%. El Dow Jones

Jakub Novak 10:57 2025-04-15 UTC+2

Mercado bursátil el 14 de abril: los índices SP500 y NASDAQ volvieron a crecer en medio de la flexibilización de los aranceles

Tras los resultados de la última sesión regular, los índices bursátiles estadounidenses cerraron con crecimiento. El S&P 500 subió un 1,81%, mientras que el Nasdaq 100 sumó un 2,06%

Jakub Novak 09:17 2025-04-14 UTC+2

Mercado bursátil el 10 de abril: los índices SP500 y NASDAQ mostraron un crecimiento espectacular

Al cierre de la sesión regular de ayer, los índices bursátiles estadounidenses terminaron con una fuerte alza. El S&P 500 subió un 9,52%, mientras que el Nasdaq 100 se disparó

Jakub Novak 11:16 2025-04-10 UTC+2

Mercado de EE. UU.: NASDAQ +12%, SP500 +9.5%. Pero la guerra comercial de Trump con China no ha sido cancelada

S&P500 Resumen 10.04 Mercado de EE. UU.: fuerte alza. NASDAQ +12%, SP500 +9.5%. Principales índices de EE. UU. el miércoles: Dow +8%, NASDAQ +12%, S&P500 +9.5%. S&P500 4983, rango 4800

Jozef Kovach 11:15 2025-04-10 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.