Fundamental analysis
26 March, 2024
The USA500 is currently trading above 5,200 levels.
In evening trading on Monday, U.S. stock index futures showed slight gains, recovering some losses from a negative session on Wall Street.
Market sentiment remained cautious as investors awaited further signals on inflation and Federal Reserve policy. The aftermarket saw gains in major artificial intelligence stocks, reflecting optimism about the rapidly growing sector.
However, enthusiasm on Wall Street seemed to be waning after reaching record highs last week, partly due to a perceived dovish stance from the Federal Reserve. Additionally, regulatory actions against leading technology companies added to market concerns.
S&P 500 Futures edged up 0.1% to 5,283.50 points, while Nasdaq 100 Futures also rose 0.1% to 18,539.75 points. Dow Jones Futures climbed 0.1% to 39,722.0 points.