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Latest Releases of the U.S. Market Reports

BullMarkets Technical Team
BullMarkets Technical Team 7 months ago
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📉 Performance of Wall Street indices at closing:

  • Dow Jones Index: Fell by about -0.26% to close at 46,558.47 points.
  • S&P 500 Index: Declined by -0.61% to close at 6,632 points.

  • Nasdaq Index: Decreased by approximately -0.9% to close at 22,105.36 points.
  • All major indices ended the week with losses for the second consecutive week.
  • The Dow Jones Index recorded its worst weekly performance since April 2025.

The markets recorded their third consecutive week of losses amid ongoing uncertainty in global markets.

Key factors affecting the market

1️⃣ Increase in oil prices

Oil prices surged near 100 dollars per barrel due to geopolitical tensions, raising concerns about the return of inflationary pressures on the U.S. economy.

2️⃣ Geopolitical tensions

Escalation in the Middle East has pushed investors to reduce risk, which negatively affected global stocks.

3️⃣ Pressures on the technology sector

Major technology companies faced selling pressures, leading to a larger decline in the Nasdaq Index compared to other indices.

4️⃣ Increase in the volatility index

The VIX index rose to reflect an increase in market anxiety, with some liquidity shifting to defensive sectors such as utilities and real estate.

Best and worst performing sectors

Best sectors

  • Utilities

  • Real Estate

  • Financial Sector

Worst sectors

  • Technology

  • Basic Materials

  • Some Retail Companies

Market performance over the week

  • Continued selling pressures for the third week.

  • Increasing sensitivity of the market towards energy prices and political tensions.

  • Investors are awaiting inflation data and the upcoming Federal Reserve policy.

🔹 Quick notes for investors

📊 Short-term trend:
Leaning towards a downward correction with increased volatility.

📊 Important levels:

S&P 500

  • Major support: 6600 points

  • Breaking it could open the way to levels 6450

Dow Jones

  • Support: 46300

  • Resistance: 47000

Nasdaq Index

  • Support: 17800

  • Resistance: 18250

✅ Conclusion

Wall Street closed Friday with a noticeable decline as pressures from rising oil prices and geopolitical tensions continued to drive investors away from risk, leading to a significant drop in technology stocks. As the new week begins, the markets will remain influenced by developments in energy and U.S. monetary policy.

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