S&P Futures Soaring in All-Time Highs


S&P 500 futures record fresh highs following the New Year’s mood and upbeat sentiments in the market.

News about a COVID-19 stimulus package and the US house passing the 2,000 USD paycheck brought about positive sentiments in the market. The news about the commencement of vaccine usage in many parts of the world has also helped improve the sentiments of the market. With more countries all set to roll out the vaccine, there is optimism about revival in business activities and economic recovery.

As can be seen from the chart, the index is looking to breach the 3,800 mark. This can be possible with a continuation of the current trend and with other things remaining the same.

Cookie Policy: The Axiory website uses cookies and by continuing using the website you consent to this. Risk Warning: Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Please read the full Privacy Policy.