The S&P 500 index remains moving at 2, 1/2 month highs near the 3000 psychological level. Concerns about Trump’s response to China have dampened market mood on Wednesday The S&P 500 Index has retrieved the whole coronavirus slump to reach levels beyond 3000 for the first time since early March. Investor’s optimism about a quick economic recovery as the main economies lift their restrictions and the progress towards a COVID 19 vaccine have been buoying investors’ sentiment to push equities higher. The S&P index, however, has failed to confirm above the psychological 3000 level and is pulling back on Wednesday as risk appetite faltered after US President Trump announced a strong response to China’s security bill in Hong Kong. On the upside, above the 3000 level, bulls might gain confidence to aim towards 3075 and 3115. On the downside, immediate support lies at 2960 with next potential support levels at 2900 and 2852. S&P 500 daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Germany’s DAX 30 Index: German stocks gain despite sell-off in tech shares FX Street 3 years The S&P 500 index remains moving at 2, 1/2 month highs near the 3000 psychological level. Concerns about Trump's response to China have dampened market mood on Wednesday The S&P 500 Index has retrieved the whole coronavirus slump to reach levels beyond 3000 for the first time since early March. Investor’s optimism about a quick economic recovery as the main economies lift their restrictions and the progress towards a COVID 19 vaccine have been buoying investors’ sentiment to push equities higher. The S&P index, however, has failed to confirm above the psychological 3000 level and is pulling back on Wednesday as… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
