In this video, David Jones observes the S&P 500 index, which reflects the major sentiment in the US stock market.
In January this year, the index has experience a considerable selloff, which has had a big impact on investors’ sentiment.
For the rest of the week, the big levels to watch are in the 2,803–2,805 zone. If the index breaks it, the price can reach levels further than January’s all time highs.
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Are US stock markets set to hit new all-time highs?