Global stock markets are mostly lower today following Wall Street’s flat finish, despite the S&P 500 and Nasdaq 100 hitting record levels Thursday.
Investor sentiment has been fueled by upbeat corporate earnings this week and hints that the rate of new COVID-19 infections is slowing down. We’re now two-thirds of the way through earnings for the S&P 500, and so far the numbers are much better than expected.
But keep in mind the bar is lower than usual...
In today’s video, I’ll show you the major support levels for the S&P 500… why unemployment data is key to the economic recovery… how earnings are impacting U.S. markets… and a few low-risk trade ideas you could take advantage of today.