empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

04.05.202609:35 Forex Analysis & Reviews: Stock market on May 4: S&P 500 and Nasdaq extend gains

Relevancia 02:00 2026-05-05 UTC--4

Last Friday, equity indices closed mixed. The S&P 500 rose by 0.29%, while the Nasdaq 100 jumped by 0.89%. The Dow Jones Industrial Average fell by 0.31%.

Exchange Rates 04.05.2026 analysis

Asian indices approached record highs amid optimism around the AI market and stronger-than-expected results from major tech companies. The MSCI Asia Pacific index gained 2.2%, nearing its all-time high set on February 27, just before the United States and Israel's conflict with Iran began. South Korean and Taiwanese indices added more than 4.5%. Chipmakers also rallied: Taiwan Semiconductor Manufacturing Co. jumped by 6.6%, and SK Hynix Inc. climbed by 11%.

This advance is largely being fueled by a wave of enthusiasm for AI and by positive earnings from leading technology giants that beat analyst expectations. Investors are showing heightened interest in companies aggressively developing AI technologies. Their innovations promise to transform industries from healthcare and transportation to entertainment and finance, and the combination of solid fundamentals and commercialization potential underpins a constructive long-term thesis for the tech sector.

Large-cap earnings confirm this trend. Reports have shown not only resilient revenue and profit growth but also successful deployment of innovation — evidence of strong fundamentals and an ability to adapt to a rapidly changing technological landscape.

"Markets are currently performing well because of this AI-driven trade and AI-driven hype," Pepperstone Group said. "But this geopolitical upheaval, and also the high oil price, are always a constraint."

Today, S&P 500 and Nasdaq 100 futures continued to rise after Wall Street indices closed at fresh highs on Friday.

Brent crude traded with volatility — initially down about 2.4%, then retracing those losses to trade essentially flat around $108 per barrel. The swings followed President Donald Trump's statement that, starting Monday, the US will route non-involved vessels through the Strait of Hormuz. AFP reported a senior Iranian official saying Tehran would view any US intervention in the strait as a violation of the ceasefire.

Exchange Rates 04.05.2026 analysis

As for the S&P 500 technical picture, the primary task for buyers today is to overcome the nearest resistance level of $7,256. That would help confirm upside and open the possibility of a thrust to $7,283. Equally a priority for bulls is control above $7,300, which would strengthen buyers' positions. In the event of a downside move amid waning risk appetite, buyers must defend around $7,233. A break below that level would likely push the instrument back to $7,210 and open the way to $7,190.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Jakub Novak,
Analytical expert of InstaSpot
© 2007-2026
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.