The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Stock indices closed notably higher yesterday. The S&P 500 rose by 0.81%, the Nasdaq 100 added 1.26%, and the Dow Jones Industrial Average gained 0.63%.
Asian indices also advanced for a fourth consecutive day as AI-related concerns eased. Still, the muted reaction to Nvidia's upbeat sales guidance raised questions. The MSCI Asia Pacific index climbed by about 0.8% to a fresh record high. South Korea's Kospi, a bellwether for AI investment, jumped by oughly 2%, widening its lead over other regional indices.
Nvidia stock gave back most of its earlier gains after the results and was up only about 0.2%. Although the chipmaker beat revenue expectations for Q1, it warned about a potential overheating in the AI economy, which weighed on some Asian chip suppliers.
"Traders' expectations for Nvidia were already highly priced in, leaving little room for further upside," said analysts at Pepperstone Group. While Nvidia emphasized robust growth in AI computing demand and temporarily resilient margins, "the potential threat to market share from proprietary chips" was not fully addressed, they said. Nvidia's failure to wow investors will be a real test for traders.
Elsewhere, the dollar eased for a second day. Gold gained as traders priced in Middle East geopolitical risk and the potential trade impact of US tariffs. Treasuries rallied, with the 10-year yield down one basis point to 4.04%.
US Trade Representative Jamieson Greer said yesterday that President Donald Trump will sign a directive in coming days to raise global tariffs to 15% where appropriate, and that the administration will seek continuity with countries that have trade deals.
As for the S&P 500 technical analysis, buyers' near-term task is to overcome the resistance level of $6,946. This would allow the index to show fresh upside and open the way to $6,961. Gaining control of $6,975 would further strengthen the bullish case. On the downside, buyers should defend around $6,930. A break below that level would likely bring the trading instrument back down to $6,914, which could open the path to $6,896.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
