S&P 500 makes all-time highs with 7,120 support in focus
Updated
Updated · MarketWatch · Apr 30
S&P 500 makes all-time highs with 7,120 support in focus
8 articles · Updated · MarketWatch · Apr 30
The benchmark has also flagged 7,050 and especially 7,000 as key downside levels, with a break below 7,000 seen as likely to accelerate selling.
The Federal Reserve left rates unchanged and recent tech earnings brought no major surprises, while put-call ratios and new-highs data stayed bullish even as market breadth weakened.
VIX remains elevated around 18-20 despite record highs, signalling lingering caution; analysts are also watching next week's earnings from AMD, Disney, Palantir, PayPal and Trade Desk.
Is the AI-driven stock surge a new economic paradigm or a speculative bubble set to burst?
As markets hit records while consumer debt soars, which powerful economic trend will break first?
Can the market's optimism survive the stagflationary shock from soaring oil prices and geopolitical conflict?