empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
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
31.07.2023 02:18 PM
US stock premarket on July 31. Stock indices to reach annual highs?
Open trading account Open demo account

Futures for the benchmark US stock indices slightly rose in the morning after a recovery last Friday. Futures for the benchmark US stock indices slightly rose in the morning after a recovery last Friday. Futures for the S&P 500 grew by 0.1%, and for the Nasdaq 100 by 0.2%. Global stock markets are also in the green zone. They are trying to maintain a steady uptrend as traders are revising their portfolios after comments made by central banks' policymakers last week regarding interest rates.

This image is no longer relevant

Speculators are waiting for the earnings reports of the world's largest companies - Apple Inc. and Amazon.com Inc. They will publish their quarterly results in the coming days.

As for monetary policy prospects, in a recent interview, ECB President Christine Lagarde stressed once again that inflation pressures remain high and borrowing costs will be raised further even if the regulator decides to take a pause at its next meeting. It will help assess what is happening in the economy. Minneapolis Fed President Neil Kashkari said that The inflation outlook in the US is "quite positive," Federal Reserve Bank of Minneapolis President Neel Kashkari said, though the central bank's aggressive monetary tightening campaign to tamp down price surges will likely result in some job losses and slower growth.

Investors will continue to focus on whether policymakers will be able to engineer a soft landing or not. At the end of this week, data on the labor market will be released, which will provide more details about the state of the economy. Last week's reports on US GDP growth and today's report on the European economy indicate a stable economic expansion.

There are also analysts who are confident that the stock market is at the start of its bull cycle. The last time it occurred was in 2019 when the Fed took a pause and then cut rates. This event triggered a stellar rally in the stock market.

On Friday, Bank of Japan Governor Kazuo Ueda said the central bank would allow yields to rise above a ceiling it now calls a point of reference. That paves the way for a future normalization of policy that has implications for a wide range of global assets and for markets heavily exposed to Japanese money.

This image is no longer relevant

The oil market climbed as well after talks that the Chinese government may take more drastic measures to stimulate the economy in the near future. Gold continues to trade below $2,000.

As for the technical outlook of the S&P 500, it still retains a bullish sentiment. It needs to stay above $4,582. From this level, there may be a breakout of $4,609. Bulls should also take control over $4,637, which will stimulate the bull market. In the case of a downward movement due to a decrease in risk appetite, buyers will have to defend $4,582. A breakout of this level will help the index rebound to $4,557. After that, it could rise to $4,539.

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 May 2 US equity indices continue to climb despite lingering economic uncertainty. Investor optimism is being driven by expectations of progress in trade talks between the US and China. Nevertheless, ongoing economic
Ekaterina Kiseleva
13:14 2025-05-02 +02:00
1975
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on May 2nd (U.S. Session) Trade Analysis and Advice for the Japanese Yen The test of the 145.05 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited
Jakub Novak
12:24 2025-05-02 +02:00
2275
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 market: GDP shrinks, but Wall Street climbs

S&P 500 Overview for May 1 GDP contracts, but US market climbs Key US indices on Friday: Dow +0.4%, NASDAQ -0.1%, S&P 500 +0.2%, S&P 500: 5,560, trading range: 5,150–5,800
Jozef Kovach 12:19 2025-05-01 UTC+2

Stock Market for April 30th: S&P 500 and NASDAQ Continue Clinging to Any Positive News

At the close of the previous regular session, U.S. stock indices finished in positive territory. The S&P 500 rose by 0.58%, and the Nasdaq 100 gained 0.55%. The Dow Jones
Jakub Novak 11:10 2025-04-30 UTC+2

The Stock Market Rally Should Not Be Misleading

The wave pattern on the 24-hour chart of the #SPX looks generally clear. The global five-wave structure doesn't even fit into the terminal window at its smallest scale. In simple
Chin Zhao 11:17 2025-04-29 UTC+2

Stock Market for April 29th: S&P 500 and NASDAQ Still Have Growth Potential

At the close of the previous regular session, U.S. stock indices ended mixed. The S&P 500 rose by 0.06%, while the Nasdaq 100 fell by 0.10%. The Dow Jones Industrial
Jakub Novak 10:59 2025-04-29 UTC+2

Stock Market Update for April 28th: S&P 500 and NASDAQ Pause Their Advance

In the previous regular session, U.S. stock indices closed higher. The S&P 500 gained 0.74%, the Nasdaq 100 rose 1.26%, and the Dow Jones Industrial Average edged up by 0.05%
Jakub Novak 09:06 2025-04-28 UTC+2

Stock Market on April 25th: S&P 500 and NASDAQ Resume Growth

At the close of the last regular session, U.S. stock indices ended higher. The S&P 500 rose by 2.03%, while the Nasdaq 100 gained 2.74%. The Dow Jones Industrial Average
Jakub Novak 11:27 2025-04-25 UTC+2

US Stock Market on April 24: S&P 500 and NASDAQ lose momentum after rally

Following the previous regular session, US stock indices closed higher. The S&P 500 gained 1.67%, the Nasdaq 100 rose by 2.50%, and the Dow Jones Industrial Average increased by 1.07%
Jakub Novak 11:41 2025-04-24 UTC+2

Trump Eases Pressure on China

The wave pattern on the 24-hour chart for #SPX is generally clear. The global five-wave structure doesn't even fit on the terminal screen at the smallest scale. In simple terms
Chin Zhao 10:34 2025-04-24 UTC+2

Stock market review for April 22: S&P 500 and Nasdaq extend losses

The US stock market closed lower in the most recent regular session. The S&P 500 fell by 2.36%, while the Nasdaq 100 lost 2.45%. The Dow Jones Industrial Average dropped
Jakub Novak 11:26 2025-04-22 UTC+2

Stock Market Update for April 21st: S&P 500 and NASDAQ Resume Decline Amid New Rumors

At the close of the previous regular session, U.S. stock indices ended mixed. The S&P 500 gained 0.13%, while the Nasdaq 100 slipped 0.13%. The industrial Dow Jones dropped 1.33%
Jakub Novak 11:57 2025-04-21 UTC+2

Top analytics

Relevance up to 08:00 2025-05-06 UTC--4
The Dollar Demands the Impossible
01:02 2025-05-02
Fundamental analysis
Relevance up to 11:00 2025-05-15 UTC--4
Trading Signals for GOLD (XAU/USD) for May 1-3, 2025: buy above $3,203 (200 EMA - 5/8 Murray)
17:49 2025-05-01
Technical analysis
Relevance up to 03:00 2025-05-05 UTC--4
US market: modest but positive move
13:38 2025-05-02
Stock Markets
Relevance up to 03:00 2025-05-07 UTC--4
The Market Enters Turbulent Waters
09:24 2025-05-02
Fundamental analysis
Relevance up to 02:00 2025-05-06 UTC--4
Market pins blame on former president
12:01 2025-05-01
Fundamental analysis
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.