The Nasdaq and the S&P 500 gained, driven by Tesla’s positive earnings forecast and a decline in Treasury yields from a three-month high, which buoyed market sentiment despite declines from some corporate results.
Tesla’s stock rose 6.5% in the last session after gaining as much as 6.6% during the session. The Stochastic-RSI indicates an overbought market.
Support: 228.77 | Resistance: 286.79
Cardano is set to gain access to $1.3 trillion in Bitcoin liquidity for its decentralized finance ecosystem through a new integration with BitcoinOS, a Bitcoin smart contract platform.
The Bitcoin-Dollar pair skyrocketed 2.2% in the last session. The Ultimate Oscillator is giving a positive signal.
Support: 65221 | Resistance: 70678
Defense contractor Lockheed Martin lifted its annual profit and sales forecasts, but shares slid 5%. Maryland-based company now expects per-share profit of $26.65 for 2024, above its earlier forecast of $26.10 to $26.60.
The last session saw Microsoft’s stock gain 2.4%. The CCI indicates an overbought market.
Microsoft’s stock gained 2.4% in the last session.
The CCI points to an overbought market.
Support: 409.15 | Resistance: 446.53
The Euro-Dollar pair saw a minor dip of 0.1% in the last session. The RSI indicates an oversold market.
EUR/USD corrected downwards by 0.1% in the last session.
The RSI points to an oversold market.
Support: 1.0741 | Resistance: 1.0868
Oil prices rose nearly 2%, recouping some of last week’s more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
The Oil-Dollar pair exploded 1.4% in the last session. The MACD is giving a negative signal.
Support: 66.981 | Resistance: 72.471
