Global equity markets displayed mixed movements as investors digested corporate earnings and prepared for significant economic data releases. Asian indices mostly advanced, European markets gained on strong corporate results, and U.S. futures remained steady in anticipation of high-impact data and major tech earnings.

KEY HIGHLIGHTS 

• Nasdaq Futures Dip as Market Awaits Key Economic Data
• S&P 500 Slips After Longest Winning Streak Since November
• FTSE 100 Rises on Strong U.K. Corporate Earnings Reports
• Global Markets Mixed Amid Earnings and High-Stakes Economic Releases

Market in Focus: Nasdaq 100

Nasdaq Futures Dip as Markets Brace for Economic Data

Technical Overview

Moving Averages

Exponential Moving Averages (EMA):

• MA 5: 19,055.1 – Positive Crossover | Bullish
• MA 20: 18,846.1 – Positive Crossover | Bullish
• MA 50: 20,332.6 – Negative Crossover | Bearish

Simple Moving Averages (SMA):

• MA 5: 19,205.1 – Positive Crossover | Bullish
• MA 20: 19,015.5 – Positive Crossover | Bullish
• MA 50: 19,859.4 – Negative Crossover | Bearish

Indicators

• RSI (Relative Strength Index): 57.18 – Bullish Zone | Buy
• Stochastic Oscillator: 94.72 – Buy Zone | Neutral

Key Levels

• Resistance: R1: 19,673.19 | R2: 20,572.31
• Support: S1: 18,910.25 | S2: 17,983.77

Overall Sentiment: Neutral
Market Direction: Buy

Trade Suggestion:

• Entry (Limit Buy): 19,437.00
• Take Profit: 19,803.12
• Stop Loss: 19,245.21

S&P 500

S&P 500 Futures Ease After Longest Rally Since November

Technical Overview

Moving Averages

Exponential Moving Averages (EMA):

• MA 5: 5,487.15 – Positive Crossover | Bullish
• MA 20: 5,449.84 – Positive Crossover | Bullish
• MA 50: 5,658.61 – Negative Crossover | Bearish

Simple Moving Averages (SMA):

• MA 5: 5,453.20 – Positive Crossover | Bullish
• MA 20: 5,407.78 – Positive Crossover | Bullish
• MA 50: 5,766.91 – Negative Crossover | Bearish

Indicators

• RSI (Relative Strength Index): 55.95 – Bullish Zone | Buy
• Stochastic Oscillator: 95.78 – Buy Zone | Neutral

Key Levels

• Resistance: R1: 5,606.61 | R2: 5,836.93
• Support: S1: 5,388.07 | S2: 5,196.95

Overall Sentiment: Neutral
Market Direction: Buy

Trade Suggestion:

• Entry (Limit Buy): 5,485.75
• Take Profit: 5,681.49
• Stop Loss: 5,381.02

FTSE 100

FTSE 100 Rises Amid Earnings Boost from U.K. Corporations

Technical Overview

Moving Averages

Exponential Moving Averages (EMA):

• MA 5: 8,383.74 – Positive Crossover | Bullish
• MA 20: 8,364.41 – Positive Crossover | Bullish
• MA 50: 8,429.00 – Positive Crossover | Bullish

Simple Moving Averages (SMA):

• MA 5: 8,373.76 – Positive Crossover | Bullish
• MA 20: 8,257.73 – Positive Crossover | Bullish
• MA 50: 8,459.48 – Positive Crossover | Bullish

Indicators

• RSI (Relative Strength Index): 54.17 – Buy Zone | Bullish
• Stochastic Oscillator: 98.07 – Bullish Zone | Neutral

Key Levels

• Resistance: R1: 8,501.8 | R2: 8,745.2
• Support: S1: 8,314.1 | S2: 8,140.8

Overall Sentiment: Neutral
Market Direction: Buy

Trade Suggestion:

• Entry (Limit Buy): 8,405.6
• Take Profit: 8,550.0
• Stop Loss: 8,334.5

Elsewhere in the Indices Market

Asia

Asian markets rose broadly as investors focused on corporate earnings and macroeconomic updates.

• Shanghai Composite: -0.23%
• Singapore MSCI: +0.38% to 386.45
• Hang Seng Index: +0.50% to 22,119.41
• Nikkei 225 (Japan): +0.57% to 36,045.38
• Topix Index (Japan): +0.63% to 2,667.29
• Kospi (South Korea): -0.34% to 2,556.61
• S&P/ASX 200 (Australia): +0.69% to 8,126.20

Europe

European indices climbed, driven by upbeat earnings results and resilience in health-care stocks despite tariff concerns.

• DAX (Germany): +0.55%
• CAC 40 (France): +0.58% to 7,599.37
• FTSE 100 (U.K.): +0.06% to 8,468.00

United States

U.S. futures remained flat to slightly lower as traders anticipated a dense stream of economic data and tech earnings, wrapping up a volatile April.

• Dow Jones: +0.12%
• S&P 500: -0.24%
• Nasdaq: -0.43%

Corporate News Highlights

• NVIDIA Corp (NVDA): +0.27% to $109.02
• Amazon.com Inc (AMZN): -0.17% to $187.39
• Apple Inc. (AAPL): +0.51% to $211.21
• Goldman Sachs Group Inc (GS): +0.44% to $548.92
• Morgan Stanley (MS): +0.34% to $116.21

Key Economic Events & Data Releases – April 29, 2025