Dip buyers have one last chance before weekend
US stock markets faced a rough start yesterday, with futures dropping significantly before trading began. However, buyers quickly stepped in to reduce losses. Despite their efforts, they could not reach key resistance levels, leaving caution among investors. The S&P 500 index ended the day down 0.2%. Many felt the decline could have been worse, thanks to the actions of dip buyers. Observers are now closely watching a specific moving average before the weekend to see if buyers can overcome this hurdle. With concerns about upcoming tariffs on April 2, market sentiment remains cautious. Although S&P 500 futures are relatively flat ahead of the European market opening, there is still underlying anxiety among traders. The situation highlights the challenges facing investors in the current economic climate.