empty
10.06.2025 09:50 AM
Stock Market as of May 10th: S&P 500 and NASDAQ

At the close of the previous regular session, U.S. stock indices showed strong gains. The S&P 500 rose by 0.09%, and the Nasdaq 100 jumped by 0.31%. The industrial Dow Jones did not change — up 0.00%.

Today, futures on stock indices fluctuated, losing their upward momentum due to a quick shift in risk sentiment ahead of the second day of trade negotiations between the U.S. and China. The regional stock index rose by 0.3% after jumping 0.7% earlier in the day. As it became known that talks would continue today, futures on European stock indices declined, as did futures on the S&P 500 and NASDAQ.

This image is no longer relevant

Although no significant breakthroughs were announced after the first day of trade talks, U.S. officials expressed optimism regarding the negotiations. With key U.S. inflation data expected on Wednesday and the Federal Reserve entering a "blackout" period ahead of the June 18 interest rate decision, market participants are searching for any trigger that could push stocks further upward after the rebound from April lows.

Some investors are still hoping for at least some positive signals from the talks following media reports that China is taking the negotiations seriously but remains firm. According to China, the U.S. must remove all negative measures against it and objectively assess the progress achieved so far.

U.S. Commerce Secretary Howard Lutnick stated that the negotiations between Washington and Beijing were productive, while Treasury Secretary Scott Bessent called yesterday's meeting a good one.

Chinese stocks traded in Hong Kong remain in positive territory, and the recovery still appears to have a foundation, although much will depend on the outcomes of the negotiations, as both sides aim to ease tensions over restrictions on technology and rare earth element supplies.

According to a commentary in People's Daily, the flagship newspaper of the Communist Party, the trade discussions offer both sides another important opportunity to resolve differences through equal dialogue and negotiation. Tangible evidence that tariffs are affecting trade between the world's two largest economies appeared on Monday when data showed that Chinese shipments to the U.S. last month were the weakest in five years. Nevertheless, stock markets are rising on optimism that trade tensions will ease.

In Japan, Bank of Japan Governor Kazuo Ueda stated that the central bank is still some distance away from achieving its inflation target. Although Ueda also spoke about the potential for rate cuts to stimulate the economy, the mention of the need to support the economy likely gave the impression that the bank's next rate hike is further off than previously anticipated.

This image is no longer relevant

Technical Picture for S&P 500

Today, the main task for buyers will be to break through the nearest resistance at $6013. This would support continued growth and open the way for a surge to the next level at $6030. Equally important for the bulls will be maintaining control over $6050, which would strengthen the buyers' position. If the index moves downward amid waning risk appetite, buyers must assert themselves near the $5999 level. A breakdown of this level would quickly push the instrument back to $5986 and open the path to $5975.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Calm above, crisis below: markets weigh oil, inflation, and Middle East risks

The US stock market is showing mixed performance, reflecting investors' ambivalent outlook after the holiday break. In the latest trading session, the S&P 500 slipped 0.03%, while the Nasdaq rose

Anna Zotova 13:29 2025-06-19 UTC+2

Update on US market on June 19. Federal Reserve downgrades its economic outlook. Stock market awaits correction

S&P500 Snapshot of major US stock indices on Wednesday Dow -0.1%, NASDAQ +0.1%, S&P 500 -0.1%, the S&P 500 closed yesterday at 5,981 trading within the range of 5,600

Jozef Kovach 12:43 2025-06-19 UTC+2

Stock Market as of May 19th: S&P 500 and NASDAQ Decline After Fed Meeting

At the end of the previous regular session, U.S. stock indices closed mixed. The S&P 500 fell by 0.03%, while the Nasdaq 100 rose by 0.13%. The Dow Jones Industrial

Jakub Novak 10:54 2025-06-19 UTC+2

Stock Market on May 18th: S&P 500 and NASDAQ

At the close of the most recent regular session, U.S. stock indices ended in decline. The S&P 500 fell by 0.84%, while the Nasdaq 100 dropped by 0.91%

Jakub Novak 11:53 2025-06-18 UTC+2

All eyes on Powell, but geopolitics may steal spotlight

The market is at a standstill. With the Fed's decision looming and growing political pressure from two fronts — monetary and geopolitical — market participants are bracing for a sharp

Anna Zotova 11:27 2025-06-18 UTC+2

Playing on edge: can markets ignore geopolitics for another day?

The US stock market continues to disregard geopolitical realities. Indices have approached key levels and are ready for a breakout. The only question is, in which direction? If upcoming events

Anna Zotova 13:27 2025-06-17 UTC+2

Stock Market on May 17th: S&P 500 and NASDAQ

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.94%, while the Nasdaq 100 gained 1.55%. The Dow Jones Industrial Average

Jakub Novak 11:56 2025-06-17 UTC+2

Update on US stock market on June 17

S&P500 Snapshot of major US stock indices on Monday: Dow +0.8%, NASDAQ +1.5%, S&P 500 +0.9%, S&P 500 at 6,033 in an intraday range of 5,600 to 6,200. On Monday

Jozef Kovach 10:45 2025-06-17 UTC+2

Market on front line: inflation, missiles, and corporate reports: which will bring stock market down first?

The US stock market stands at a crossroads. It has shown strength by recovering from panic sell-offs but has yet to deliver a clear signal for a sustained trend

Anna Zotova 17:05 2025-06-16 UTC+2

US market amid Israel–Iran war

S&P 500 Overview on 16.06 US market amid the Israel–Iran war Key US indices on Friday: Dow -1.8%, Nasdaq -1.3%, S&P 500 -1.1%, S&P 500 at ,5977, range 5,600–6,200

Jozef Kovach 13:52 2025-06-16 UTC+2
Can't speak right now?
Ask your question in the 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.