S&P 500 INDEX (SPX) Live: Markets Eye Potential Bullish Trend as Buying Resumes
Briefly

The broader markets are showing positive momentum, primarily driven by increased demand for equities as evidenced by substantial fund flows exceeding $61 billion into U.S. markets last week. Traders express optimism regarding ongoing discussions between U.S. and China officials focused on trade agreements. However, the upcoming Federal Reserve meeting could significantly impact market behavior, with expectations that interest rates may not be cut until July, contrary to some public hopes. Corporate performances, notably from Disney, are also bolstering market sentiment amidst mixed results in the tech sector regarding electric vehicle sales.
U.S. equities benefitted from $61B+ of mechanical/systematic flows last week, suggesting that the trend is poised to continue.
The Fed won't start cutting interest rates until July rather than complying with President Trump's expectations for policymakers to lower rates sooner than later.
Reports U.S. and China officials are beginning trade deal talks, boosting market sentiment.
Market sentiment is bolstered by Disney's 10% increase after earnings and a new theme park blueprint in Abu Dhabi.
Read at 24/7 Wall St.
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