S&P 500: Market Rises with Netflix Earnings and Trade Policies in the Spotlight

Healthcare stocks are among the strongest performers, with Moderna jumping 6% after securing $590 million in federal funding to develop a bird flu vaccine.

What Economic Indicators Are Driving Market Action?

Recent inflation data is showing signs of cooling, providing some support to equities. However, inflation remains above the Federal Reserve’s 2% target, raising concerns that trade policies could complicate the Fed’s timeline for easing monetary policy. Traders are pricing in the first interest rate cut by July, with the Fed widely expected to hold rates steady at its upcoming meeting.

What’s Ahead for Traders?

Investors are closely monitoring corporate earnings for direction, with Netflix leading the focus. Updates from its earnings report could influence tech sector performance.

Looking forward, traders will continue watching for developments in Trump’s trade policies, as any concrete action could significantly affect market sentiment. With inflation concerns and geopolitical risks still in play, market participants may remain cautious while seeking opportunities in sectors tied to domestic growth and defensive strategies.

More Information in our Economic Calendar.