S&P 500 ends slightly higher ahead of Powell testimony, upcoming data

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Go back to S&P 500 ends slightly higher ahead of Powell testimony, upcoming data

S&P 500 could rally to 4150 if dollar and rates continue to fall - MS Wilson

March 6, 2023 6:37 AM EST

S&P 500 and other major U.S. indices rallied strongly late last week in response to the failed attempts by bears to break below the key near-term support. This zone around 3930-3940 is marked by the 100 and 200 and daily moving average lines, which facilitate a strong rebound when tested on Thursday.

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