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The Dow Jones Industrial Average pulled back rather significantly later in the day after initially rallying due to a weaker than anticipated PPI number.
The S&P 500 displayed a back-and-forth pattern, with the 4800 level proving to be a significant resistance point.
The S&P 500 exhibited notable volatility during Thursday's trading session, prompted by the release of the Consumer Price Index (CPI) data, which registered slightly higher than Wall Street's preference.
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The S&P 500 index is currently treading cautiously, showing reluctance to make significant moves early on Wednesday.
The S&P 500 had been somewhat hesitant to make a move during the early hours on Monday, as we are hanging around the 4700 level.
The S&P 500 encountered initial downward movement during Friday's trading session.
The Nasdaq 100 dropped a bit early on Thursday as we continue to see a bit of profit taking overall.
The S&P 500 exhibited limited activity during Thursday's trading session, maintaining a position near the 4,700 level.
The S&P 500 displayed an initial attempt at an overnight rally during Tuesday's electronic trading, but this endeavor ultimately crumbled.
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Friday's trading session demonstrated initial attempts to stage a rally. However, the 4,800-level proved to be an insurmountable hurdle.
The S&P 500 market exhibited a degree of stagnation in Wednesday's trading session, primarily due to the persistent resistance encountered at the 4800 level.
The German DAX initially pulled back a bit during the trading session on Friday, but it does look as if there are buyers underneath, especially near the €16,600 level.
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Sign up to get the latest market updates and free signals directly to your inbox.The S&P 500 index rebounded slightly during the early hours of Thursday, following a significant drop late on Wednesday.
The S&P 500 had a rather uneventful trading session on Wednesday as we await the arrival of the holidays.
During the recent trading session, the S&P 500 exhibited signs of renewed strength, underscoring the ongoing upward pressure in the market.