empty
30.01.2025 09:14 AM
Stock Market: S&P 500 and NASDAQ Resume Growth Following Yesterday's Fed Decision

Futures on European and U.S. indices rose following Asian markets as traders anticipate a dovish decision from the European Central Bank, especially after the Federal Reserve left its policy unchanged yesterday.

The Euro Stoxx 50 and S&P 500 futures gained 0.3% each, the NASDAQ added around 0.2%, while the Dow Jones showed no significant movement. These gains followed a slight uptick in Asian indices, although liquidity remained low due to the Lunar New Year holidays that closed many major stock markets in the region.

This image is no longer relevant

Yesterday, the Federal Reserve decided to keep interest rates unchanged, sending an important signal to financial markets. Investors viewed this as an indication of economic stability, which boosted demand for riskier assets. This assurance that the Fed is not hastily moving to ease monetary policy has supported stock prices and strengthened the cryptocurrency markets. The current interest rates create favorable conditions for affordable borrowing, which in turn stimulates consumer spending and business investments.

However, mixed earnings reports from International Business Machines Corp., Meta Platforms Inc., Microsoft Corp., and Tesla Inc. triggered volatility in the stock market, prompting investors to focus on regional events for trading opportunities during the Asian session.

As I mentioned earlier, today's European Central Bank meeting is expected to lead to a 25 basis point rate cut, as the central bank intensifies efforts to stimulate the sluggish Eurozone economy. This decision would extend the aggressive easing cycle that has already included four rate cuts in 2024. A dovish stance from the ECB could further support the overheated European stock market while simultaneously weakening the euro. Economists warn that without decisive action, the Eurozone may experience a continued decline in consumer demand, which could negatively impact the manufacturing sector and result in persistent economic stagnation.

In the AI space, SoftBank Group Corp. shares rose after reports surfaced that the company is considering an investment of up to $25 billion in OpenAI, its partner in the Project Stargate joint venture. This news provided some relief in the fintech sector, leading to a positive market reaction.

Oil prices stabilized, as investors await clarity on U.S. trade policy plans following comments from the new Commerce Secretary nominee, who suggested that Canada and Mexico might avoid tariffs.

This image is no longer relevant

In terms of the technical outlook for the S&P 500, demand remains strong. The primary objective for buyers today will be to overcome the immediate resistance at $6058. Achieving this will support the ongoing upward trend and create an opportunity to reach a new level at $6069. Furthermore, maintaining control over $6079 is crucial for the bulls, as it will reinforce their positions. Should there be a downward movement due to a decline in demand and risk appetite, buyers must make their presence felt around $6047. A breakout below this level could quickly bring the trading instrument down to $6038 and potentially open the path to $6024.

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

Stock Market on March 14th: S&P 500 and NASDAQ Indexes Continue to Decline

Futures on the S&P 500 and NASDAQ stock indices continued their significant decline, returning to a bearish scenario.Asian stocks, along with futures on U.S. and European stock indices, rose during

Jakub Novak 13:01 2025-03-14 UTC+2

Donald Trump Is Just Getting Started

The 24-hour chart wave structure for #SPX appears relatively clear. The first key observation is the global five-wave structure, which is so extensive that it doesn't even fit into

Chin Zhao 12:04 2025-03-14 UTC+2

US stock market: NASDAQ and SP500 going through correction, 10% down from their historic highs

S&P500 Markt update on March 14 Snapshot of benchmark US stock indices on Thursday: Dow -1.3%, NASDAQ -2%, S&P 500 -1.4%, S&P 500 at 5,521, range 5,400 - 6,000

Jozef Kovach 10:53 2025-03-14 UTC+2

S&P 500 Forecast for March 14, 2025

Yesterday, the S&P 500 index reached its target support level of 5516, which corresponds to the peak observed on June 20, 2024. This level also aligns with the 23.6% Fibonacci

Laurie Bailey 03:53 2025-03-14 UTC+2

US stock market groping for support

S&P500 Market update on 13.03 Snapshot of benchmark US stock indices on Wednesday: Dow -0.2%, NASDAQ +1.2%, S&P 500 +0.5%, S&P 500 at 5,599, range 5,400 – 6,000 The S&P

Jozef Kovach 10:17 2025-03-13 UTC+2

Stock Market on March 13: SP500 and NASDAQ Gains Were Short-Lived

Futures for the S&P 500 and NASDAQ indices declined again following yesterday's unexpected U.S. inflation data, which revealed a slowdown in price pressures that contradicted economists' forecasts. Asian stocks also

Jakub Novak 08:28 2025-03-13 UTC+2

US market experiencing strong correction

S&P 500 Overview for March 12 The US market is experiencing a strong correction. US major indices on Tuesday: the Dow -1.1%, the NASDAQ -0.2%, the S&P 500 -0.8%

Jozef Kovach 11:36 2025-03-12 UTC+2

Stock Market on March 12th: S&P 500 and NASDAQ Hit Another Low

Futures on the S&P 500 index rose by 0.2% after losing 0.76% at the end of the previous day, while Nasdaq 100 futures added 0.3% after closing at -0.18%. Stocks

Jakub Novak 10:58 2025-03-12 UTC+2

Trump's meeting with Wall Street leaders set to stabilize market

Amid a sharp decline in US stock markets, President Donald Trump will meet with chief executives of major companies today as industry leaders try to navigate the uncertainty surrounding widespread

Jakub Novak 13:32 2025-03-11 UTC+2

Black Monday on Wall Street. US stocks lose $4 trillion in market capitalization

S&P500 Market review on March 11 US stock market suffers a crash. $4 trillion lost, but game not over yet Performance of benchmark stock indices on Monday: Dow: -2.1% NASDAQ

Jozef Kovach 12:14 2025-03-11 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.