empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
28.06.2022 01:45 PM
American premarket for June 28: the largest American banks announced an increase in dividend payments
Open trading account Open demo account

US stock index futures rose on Tuesday after a losing Monday. Traders are ramping up purchases in the hope of holding on to the bullish rally seen last week. Dow Jones Industrial Average futures added 165 points or 0.5%. S&P 500 futures rose 0.5% and Nasdaq 100 futures rose 0.4%.

Following the results of yesterday, the blue-chip Dow index fell by about 60 points, while the S&P 500 fell by 0.3%. The high-tech Nasdaq Composite lost 0.7%.

This image is no longer relevant

The most difficult thing right now is to determine the moment between an upward rebound in a bear market and the beginning of a more sustained bullish growth in stocks. The 8% rebound that occurred in the last 4 trading days was impressive, but it still does not signal any noticeable internal improvement in stock markets, especially before the Federal Reserve raises interest rates by 0.75% next month. The slowdown in economic growth, which is now visible, as well as the lack of willingness of investors to take risks in the current conditions against the background of withdrawal of additional liquidity from the central bank, makes them skeptical about the durability of the recovery.

Traders may be also reviewing their portfolios based on the results of the first half of the year, which gives the market a small bullish impulse. Getting rid of unprofitable assets in favor of more promising ones may lead to a slight bullish rally in the near future.

Shares of travel companies gained at price after China yesterday eased its restrictions on COVID for arriving travelers, reducing their quarantine time to seven days. Wynn Resorts and Las Vegas Sands grew by more than 6%. American, United, and Delta Air Lines added more than 1%.

The banking sector is also trading in the black. Yesterday, JPMorgan Chase and Citigroup said that stricter capital requirements force them to keep dividends unchanged. However, their competitors from Bank of America, on the contrary, announced a 5% increase in quarterly dividends to 22 cents per share. Morgan Stanley also noted that they are increasing the payout by 11% to 77.5 cents per share.

Wells Fargo increased its dividend by 20% to 30 cents per share, but Goldman Sachs seems to have become the leader in raising its dividend by 25% to $ 2.50 per share.Today, investors will follow the data on the consumer confidence index for June, as well as the change in housing prices in April this year. This will allow us to assess the state of the economy. Let me remind you that fears of a recession have intensified recently, as the Federal Reserve is trying to combat rising inflation with aggressive rate hikes.

This image is no longer relevant

As for the technical picture of the S&P 500

Whether the bullish rally will continue is a big question. To do this, buyers today need to take control of the resistance of $ 3,942, which was tested earlier this week. A break in this range will push the trading instrument up to the $ 3,975 area, where large sellers will return to the market again. At a minimum, there will be those who want to lock in profits on long positions. A more distant target will be the $ 4,013 level. In case of pessimism and another talk about high inflation and the need to fight it, the trading instrument will easily update the nearest support of $ 3,905, but this will not greatly harm the market. It's another matter if the bulls bring $ 3,870 to the test. A breakdown of this range will lead to a new sale at $ 3,826 and $ 3,788.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Analytical News
US Market News Digest for April 9 US stock indices closed lower after the White House announced a new wave of tariffs on Chinese goods. The rate could rise to 104%, a direct hit on imports
Irina Maksimova
12:33 2025-04-09 +02:00
1105
Crypto-currencies
Bitcoin under selling pressure. Why even spike could hardly save bulls Bitcoin is taking a nosedive, funds are reporting losses, and analysts see no reasons for growth. What is happening with the leader of the crypto market? What
Ekaterina Kiseleva
12:07 2025-04-09 +02:00
1195
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US markets attempt to stabilize at key support levels

S&P 500 The market tries to hold support Main US indices on Tuesday: Dow -0.8%, NASDAQ -2.2%, S&P 500 -1.6%, S&P 500 at 4983, range 4800–5700. It was another volatile
Jozef Kovach 10:44 2025-04-09 UTC+2

Stock Market Overview for April 9: S&P 500 and NASDAQ Return to Annual Lows

Following Tuesday's regular trading session, U.S. stock indices closed with another decline, ending just a step away from their annual lows. The S&P 500 dropped by 1.57%, the Nasdaq
Jakub Novak 09:22 2025-04-09 UTC+2

US market: real reason behind Trump's tariffs revealed. Part 1

S&P 500 Overview for April 8 US market: real reason behind Trump's tariffs revealed. Part 1 Major US indices on Monday: Dow -0.9%, NASDAQ +0.1%, S&P 500 -0.2%, S&P
Jozef Kovach 13:50 2025-04-08 UTC+2

US market sees sharp rebound. Part 2

S&P 500 Overview for April 8 US market sees sharp rebound. Part 2 Major US indices on Monday: Dow -0.9%, NASDAQ +0.1%, S&P 500 -0.2%, S&P 500: 5,062, trading range
Jozef Kovach 13:04 2025-04-08 UTC+2

BlackRock CEO: sell-off may not be over yet

In an interview yesterday, BlackRock CEO Larry Fink warned that equity markets may still have room to fall, possibly by as much as 20%. However, he also framed the decline
Jakub Novak 12:27 2025-04-08 UTC+2

Point of no return: markets break down as US enters bear phase

The US equity market is under pressure as futures spiral, the VIX surges, and Treasury yields plunge—signaling a potential structural crisis. Panic marks the start of Q2 The first week
Anna Zotova 13:29 2025-04-07 UTC+2

Full-blown market drama: USD, Oil, S&P 500, and Big Tech all crashing

Financial markets are shaking again: the S&P 500 is tumbling so fast that veterans recall the COVID-era crash, oil is taking a one-two punch from Trump and OPEC+, the dollar
Аlena Ivannitskaya 12:10 2025-04-07 UTC+2

Recap of US stock market on April 7. SP500 and NASDAQ open new week sharply in red

The US benchmark stock indices closed the New York session on Friday in the red. The S&P 500 plunged by 5.97%, while the Nasdaq 100 lost 5.92%. The industrial
Jakub Novak 10:34 2025-04-07 UTC+2

Update on US stock market. Trump's tariffs crash US stocks. Recession realistic, but current market quotes great for buying

S&P500 Market update on April 7. Snapshot of the US major stock indices on Friday:* Dow -5.5%* NASDAQ -5.8%* S&P 500 -6% S&P 500 is trading at 5,074 within
Jozef Kovach 09:40 2025-04-07 UTC+2

Stocks slide sharply as broad tariffs raise recession risk

S&P 500 US equities plunged on Thursday as President Donald Trump's sweeping new tariffs triggered a sharp sell-off and reignited fears of a global recession. The Dow fell by 4%
Jozef Kovach 11:14 2025-04-04 UTC+2

Top analytics

Relevance up to 20:00 2025-04-09 UTC--4
GBP/USD Overview. April 9. Disinformation, Rumors, Fakes, and Opinions
02:55 2025-04-09
Fundamental analysis
Relevance up to 22:00 2025-04-09 UTC--4
EUR/USD Forecast for April 9, 2025
04:31 2025-04-09
Technical analysis
Relevance up to 02:00 2025-04-10 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders on April 9. Review of Yesterday's Forex Trades
08:44 2025-04-09
Forecast
Relevance up to 05:00 2025-04-23 UTC--4
"Golden" Forecasts: Gold at $3,500, $3,700 – Higher and Higher?
11:07 2025-04-09
News
Relevance up to 02:00 2025-04-10 UTC--4
USD/JPY: Simple Trading Tips for Beginner Traders on April 9. Review of Yesterday's Forex Trades
08:45 2025-04-09
Forecast
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.