US PPI data came in weaker than expected, leading to increased rate cut bets and a rise in US indices.
Th Immediate resistance for the S&P 500 is at 5421, with support at 5330.e June-August period is historically the second-strongest 3-month period for the S&P 500, averaging a 3.2% return.
Immediate resistance for the S&P 500 is at 5421, with support at 5330.
13-08-2024 11:10 GMT
by Zain Vawda