U.S. stock markets show improved sentiment, S&P 500 futures up
Today, market sentiment appears to be improving. This comes after positive comments from Federal Reserve Chair Jerome Powell. He stated that the Fed is not rushing to change its policy and reassured investors that inflation from tariffs may be temporary. S&P 500 futures are up by 0.5%, indicating that investors are eager to buy on dips. The main challenge will be early in the trading session, when the index will test a significant technical level, the 100-hour moving average. This level had previously limited the market's recovery. Another important level to watch is the 200-day moving average, which is close by at around 5,746. Observing these averages can help investors gauge interest in purchasing stocks at lower prices. Currently, there are early signs of a modest market rebound. This is a change from the trend seen since the end of February. As the month and quarter approach their end next week, it suggests that investors are willing to explore buying opportunities again.