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
28.06.2022 01:45 PM
American premarket for June 28: the largest American banks announced an increase in dividend payments
Open trading account Open demo account

US stock index futures rose on Tuesday after a losing Monday. Traders are ramping up purchases in the hope of holding on to the bullish rally seen last week. Dow Jones Industrial Average futures added 165 points or 0.5%. S&P 500 futures rose 0.5% and Nasdaq 100 futures rose 0.4%.

Following the results of yesterday, the blue-chip Dow index fell by about 60 points, while the S&P 500 fell by 0.3%. The high-tech Nasdaq Composite lost 0.7%.

This image is no longer relevant

The most difficult thing right now is to determine the moment between an upward rebound in a bear market and the beginning of a more sustained bullish growth in stocks. The 8% rebound that occurred in the last 4 trading days was impressive, but it still does not signal any noticeable internal improvement in stock markets, especially before the Federal Reserve raises interest rates by 0.75% next month. The slowdown in economic growth, which is now visible, as well as the lack of willingness of investors to take risks in the current conditions against the background of withdrawal of additional liquidity from the central bank, makes them skeptical about the durability of the recovery.

Traders may be also reviewing their portfolios based on the results of the first half of the year, which gives the market a small bullish impulse. Getting rid of unprofitable assets in favor of more promising ones may lead to a slight bullish rally in the near future.

Shares of travel companies gained at price after China yesterday eased its restrictions on COVID for arriving travelers, reducing their quarantine time to seven days. Wynn Resorts and Las Vegas Sands grew by more than 6%. American, United, and Delta Air Lines added more than 1%.

The banking sector is also trading in the black. Yesterday, JPMorgan Chase and Citigroup said that stricter capital requirements force them to keep dividends unchanged. However, their competitors from Bank of America, on the contrary, announced a 5% increase in quarterly dividends to 22 cents per share. Morgan Stanley also noted that they are increasing the payout by 11% to 77.5 cents per share.

Wells Fargo increased its dividend by 20% to 30 cents per share, but Goldman Sachs seems to have become the leader in raising its dividend by 25% to $ 2.50 per share.Today, investors will follow the data on the consumer confidence index for June, as well as the change in housing prices in April this year. This will allow us to assess the state of the economy. Let me remind you that fears of a recession have intensified recently, as the Federal Reserve is trying to combat rising inflation with aggressive rate hikes.

This image is no longer relevant

As for the technical picture of the S&P 500

Whether the bullish rally will continue is a big question. To do this, buyers today need to take control of the resistance of $ 3,942, which was tested earlier this week. A break in this range will push the trading instrument up to the $ 3,975 area, where large sellers will return to the market again. At a minimum, there will be those who want to lock in profits on long positions. A more distant target will be the $ 4,013 level. In case of pessimism and another talk about high inflation and the need to fight it, the trading instrument will easily update the nearest support of $ 3,905, but this will not greatly harm the market. It's another matter if the bulls bring $ 3,870 to the test. A breakdown of this range will lead to a new sale at $ 3,826 and $ 3,788.

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
Fundamental analysis
The Dollar Has Been Replaced. Nature Abhors a Vacuum Fear paralyzes, but action persists. Investors are slowly overcoming their concerns over Donald Trump's attacks on the independence of the Federal Reserve and are starting to lock in profits
Marek Petkovich
00:08 2025-04-23 +02:00
1075
Fundamental analysis
Bitcoin Took Its Chance Slow and steady wins the race! Bitcoin quietly broke through to its highest levels since early March amid Donald Trump's attacks on Jerome Powell. When the independence of the Federal
Marek Petkovich
00:08 2025-04-23 +02:00
1060
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

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

US market: Trump blasts Fed Chair Powell, but stocks hold steady

S&P 500 Overview for April 18 US market: Trump blasts Fed Chair Powell, but stocks hold steady Major US indices on Thursday: Dow -1.3%, NASDAQ -0.1%, S&P 500 +0.1%, S&P
Jozef Kovach 10:34 2025-04-18 UTC+2

Stock Market Outlook for April 18: S&P 500 and NASDAQ Attempt to Stabilize

At the close of the previous regular trading session, U.S. stock indices ended mixed. The S&P 500 rose by 0.13%, while the Nasdaq 100 fell by 0.13%. The industrial
Jakub Novak 08:00 2025-04-18 UTC+2

US market: Powell expresses concerns about economy. Marker drops

S&P 500 Report for 17.04 US market: Powell warns of economic slowdown. stocks drop Major US indices on Wednesday: Dow -1.7%, NASDAQ -3.1%, S&P 500 -2.2%. The S&P 500 closed
Jozef Kovach 11:32 2025-04-17 UTC+2

US stock market update on April 17. SP500 and NASDAQ plummet after Powell's remarks

Following the previous regular session, US stock indices closed with a sharp decline. The S&P 500 fell by 2.24%, the Nasdaq 100 dropped by 3.07%, and the Dow Jones Industrial
Jakub Novak 11:31 2025-04-17 UTC+2

US stock market on April 16: S&P 500 and NASDAQ resume declines

Following the previous regular session, US stock indices closed slightly lower. The S&P 500 slipped by 0.17%, the Nasdaq 100 edged down 0.05%, and the Dow Jones Industrial Average dropped
Jakub Novak 12:22 2025-04-16 UTC+2

US market remains resilient despite tariff turbulence from Trump

S&P 500 Overview for April 16 The US market remains resilient despite tariff turbulence from Trump Major US indices on Tuesday: Dow -0.4%, NASDAQ 0%, S&P 500 -0.2%, S&P
Jozef Kovach 11:50 2025-04-16 UTC+2

S&P 500 and Nasdaq 100: direct signals from earnings and geopolitics

Tuesday's premarket opens with uncertainty, a state that often precedes a storm rather than calm on Wall Street. The S&P 500 futures are sliding toward 5,420 after a strong Monday
Anna Zotova 11:52 2025-04-15 UTC+2

US market at crossroads: up or down?

Overview for April 15 US market at crossroads: up or down? Major US indices on Monday: Dow +0.8%, NASDAQ +0.6%, S&P 500 +0.8%, S&P 500: 5,405, trading range: 5,100–5,800. Stocks
Jozef Kovach 11:52 2025-04-15 UTC+2

Top analytics

Relevance up to 09:00 UTC--4
GBP/USD Analysis on April 22, 2025
20:05 2025-04-22
Wave analysis
Relevance up to 10:00 2025-04-27 UTC--4
The Dollar Has Been Replaced. Nature Abhors a Vacuum
00:08 2025-04-23
Fundamental analysis
Relevance up to 09:00 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders – April 22nd (U.S. Session)
19:39 2025-04-22
Forecast
Relevance up to 09:00 UTC--4
USD/JPY: Simple Trading Tips for Beginner Traders – April 22nd (U.S. Session)
19:47 2025-04-22
Forecast
Relevance up to 06:00 2025-04-27 UTC--4
Bitcoin Took Its Chance
00:08 2025-04-23
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.