A Polish reporter was quoted on the blasts tonight as saying, ”My sources in the services say that what hit Przewowo is most likely the remains of a Russian rocket shot down by the Armed Forces of Ukraine.”
US stocks are rallying on the relief of the prospects that this is a false alarm. Markets will be on the lookout for the outcome of official confirmation from the Pentagon, Polish, and Hungarian defense committees.
The S&P 500 is technically in the bearish territory while on the back side of the broken trendline and while below the resistance as per the drawings above. A close below 3,955 will be significantly bearish.
The Nasdaq composite surged 2.5% at midday but cut its gain to 0.6% at 1:40 p.m. ET. The S&P 500’s earlier gain of 1.5% was nearly entirely gone.
The S&P 500 is getting closer to the 200-day moving average. The line has been a resistance level for the index, most notably in April and August. Watch how the S&P handles the next test of the line, which is still trending down.
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A Polish reporter was quoted on the blasts tonight as saying, ”My sources in the services say that what hit Przewowo is most likely the remains of a Russian rocket shot down by the Armed Forces of Ukraine.”US stocks are rallying on the relief of the prospects that this is a false alarm. Markets will …<\/p>\n","protected":false},"author":13,"featured_media":60596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7816,6862],"class_list":["post-75698","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-poland","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=75698"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75698\/revisions"}],"predecessor-version":[{"id":75703,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75698\/revisions\/75703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/60596"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}