US indices closed their best week since April, with the NAS100 surging over 3% as tech reclaimed leadership and the S&P 500 printed fresh all-time highs. But with Iran tensions flaring, a surprise jobs decline, and key inflation data due, this week could test whether buyers have the conviction to push higher or if we're due for a pullback.
US indices closed the week modestly higher despite Friday's sharp intraday volatility, whilst the dollar took a hammering following coordinated intervention from the US and Japan to support the yen. This week, all eyes are on the US jobs report and ISM data — both capable of shifting sentiment quickly if they surprise.
Tech got hammered last week as NAS100 shed 3% and fresh tariff threats rattled sentiment, while the Dow held its ground and FTSE pushed higher. This week, I'm watching whether US indices can stabilise or if we're in for a deeper correction — the next 48 hours will be critical.
US indices closed lower last week as tech took a beating and geopolitical risk flared up in the Middle East, sending oil sharply higher. This week, I'm watching whether US30 can hold support around 51,986 or if we're due for a deeper correction — the bias remains cautiously bearish until we reclaim key resistance.
US indices ground higher last week despite geopolitical noise, with tech showing relative strength as we head into earnings season. This week, I'm watching whether US30 can reclaim the 53,000 zone or if we're setting up for a deeper pullback into support.