empty
11.10.2022 01:58 PM
US Premarket on October 11: general pessimism continues to put pressure on indices

Stock index futures are declining due to rising treasury bond yields, which are being observed amid concerns about persistently high inflation and the first signs that the company's earnings will disappoint in the third quarter of this year. The dollar index rose to its highest in a month.

This image is no longer relevant

Futures for the S&P 500 and Nasdaq 100 fell by about 1.0%, indicating another day of risk aversion that will take place on Wall Street. Industrial Dow Jones suffered the least – futures fell by 0.4%. Technology companies, including Meta Platforms Inc., which are highly sensitive to the growth of rates, have suffered particularly badly in the premarket.

Ahead of the US inflation data, which is expected this Thursday, the probability of another 75 basis point rate hike is increasing daily. Despite the potential blow to economic growth, Fed officials still do not show much desire to suspend the rate hike cycle. In their interviews, they often declare that they will do anything to overcome inflation, even if it means sliding the economy into recession.

Despite the cycle of interest rate hikes, the US labor market remains in excellent shape, which will continue to accelerate inflation since retail sales are unlikely to decline seriously.

The yield on two-year Treasury bonds rose to the highest level since 2007, and the yield on 30-year bonds rose to the highest since 2014. The inversion of the yield curve with 10-year securities is obvious, which indicates a recession in the economy.

There were also shocks in the UK bond market, which weakened slightly on Tuesday as the Bank of England was forced to expand its emergency measures. The yield on ten-year UK government bonds, which has risen by more than 50 basis points since October 4, has fallen by six to about 4.4%.

In addition to inflation, major American banks are expected to open the reporting season for the third quarter at the end of this week. Many are preparing for weak profits amid warnings about the growing risk of a global recession.

This image is no longer relevant

It is not surprising that investors start the week in a gloomy mood, especially in connection with the news from Ukraine, signaling a further escalation of geopolitical tensions.

As for the technical picture of the S&P500, yesterday there was another decline in the trading instrument. Now trading is below $3,608, which makes it difficult for the index to recover even in the short term. The bulls will expect a dash to $3,608 at the beginning of the regular session. But only a breakdown of this level will return the trend to an upward correction. The breakdown of $ 3,608 will support a new upward momentum, already aimed at the resistance of $3,645 and $3,677. The furthest target will be in the area of $3,706. In the event of further downward movement, the bulls will declare themselves in the area of $3,579, as it was already today. However, a breakdown of this range will quickly push the trading instrument to $3,544 and open up the possibility of updating support at $3,507 – a new annual minimum for the index.

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 al 28 de marzo: los índices SP500 y NASDAQ en una situación complicada

Al cierre de la sesión regular de ayer, los índices bursátiles estadounidenses terminaron en negativo. El S&P 500 se desplomó un 0,33% y el Nasdaq 100 cayó un 0,53%

Jakub Novak 08:10 2025-03-28 UTC+2

Mercado bursátil el 27 de marzo: los índices SP500 y NASDAQ se desplomaron tras los nuevos aranceles de Trump

Al cierre de la sesión regular de ayer, los índices bursátiles estadounidenses terminaron en rojo. El S&P 500 se desplomó un 1,12% y el Nasdaq 100 cayó un 2,24%

Jakub Novak 08:14 2025-03-27 UTC+2

El mercado de valores espera una nueva caída

La estructura de ondas del gráfico de 24 horas para el instrumento #SPX es en general comprensible, y eso es muy bueno. La estructura global de cinco ondas ni siquiera

Chin Zhao 07:10 2025-03-27 UTC+2

S&P 500. ¿Rebote o trampa para toros? Qué acciones vale la pena comprar

El mercado está cerca de niveles técnicos clave. La tendencia sigue siendo alcista, pero los riesgos fundamentales no permiten relajarse. Para los traders, es momento de estar especialmente atentos

Anna Zotova 11:57 2025-03-26 UTC+2

Mercado bursátil del 26 de marzo: los índices SP500 y NASDAQ continúan una lenta recuperación

Al final de la sesión regular de ayer, los índices bursátiles estadounidenses cerraron en positivo. El S&P 500 subió un 0,16% y el Nasdaq 100 aumentó un 0,46%

Jakub Novak 07:49 2025-03-26 UTC+2

Mercado bursátil el 25 de marzo: los índices SP500 y NASDAQ continúan su recuperación

Al cierre de la sesión regular de ayer, los índices bursátiles estadounidenses terminaron en positivo. El S&P 500 subió un 1,76% y el Nasdaq 100 ganó un 2,27%. Las últimas

Jakub Novak 07:48 2025-03-25 UTC+2

Mercado bursátil al 24 de marzo: los índices SP500 y NASDAQ crecieron gracias al optimismo por noticias sobre aranceles

Al cierre de la sesión regular del viernes, los índices bursátiles estadounidenses finalizaron con una ligera subida. El S&P 500 aumentó un 0,08%, y el Nasdaq 100 sumó un 0,22%

Jakub Novak 09:38 2025-03-24 UTC+2

Tiempo de cambios: Ripple contra la SEC, crisis de bonos y la batalla antimonopolio de Apple

La batalla de Ripple contra la SEC, que inesperadamente terminó con la victoria de la empresa cripto, abre nuevas perspectivas para los activos digitales. En este contexto, el mercado

Natalia Andreeva 12:07 2025-03-20 UTC+2

Mercado de valores el 20 de marzo: los índices S&P 500 y Nasdaq continúan recuperándose

Los índices bursátiles estadounidenses cerraron ayer con una fuerte subida. El S&P 500 aumentó un 1,1% y el Nasdaq 100 ganó un 1,41%. En este momento, los futuros del S&P

Jakub Novak 07:57 2025-03-20 UTC+2

Mercado de valores el 18 de marzo: los índices SP500 y NASDAQ suben por segundo día consecutivo

Los índices bursátiles estadounidenses cerraron ayer con una fuerte subida. El S&P 500 aumentó un 0,64%, mientras que el Nasdaq 100 ganó un 0,31%. Las acciones asiáticas también están subiendo

Jakub Novak 08:25 2025-03-18 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.