Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
16 July | S&P 500

S&P 500 retreats from record highs amid US bank stock slump

S&P 500
S&P 500 retreats from record highs amid US bank stock slump

The S&P 500 index dipped 0.4% as disappointing bank earnings overshadowed upbeat US inflation data. Meanwhile, the Nasdaq 100 inched up 0.1% to reach a new record high. American stocks have been under pressure in recent weeks, weighing on broader market performance, Bloomberg reported.

Wells Fargo shares tumbled 5.5% after the bank lowered its 2025 profit forecast. BlackRock slid 5.9% as well, following weaker-than-expected fund inflows in the second quarter.

Ten of the S&P 500’s eleven sectors closed in the red, with financials, commodities, and healthcare stocks pulling the index down the most. The tech sector, however, bucked the trend with gains.

Despite the S&P 500 remaining just 0.6% below its all-time peak, investors are bracing for the weakest bank earnings season since mid-2023. This is compounded by lingering uncertainty over Trump’s proposed tariff policies.

Elena Berseneva MarketCheese

Recommended

United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -161.1K to -173.7K
Yesterday at 7:30 PM
United States. CFTC S&P 500 speculative net positions. The value of the indicator has increased from -187.8K to -161.1K
5 September
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -171.5K to -187.8K
29 August
United States. CFTC Copper speculative net positions. The value of the indicator has increased from 25.7K to 27.2K
Yesterday at 7:30 PM
United States. CFTC Aluminium speculative net positions. The value of the indicator has increased from 1.1K to 1.2K
Yesterday at 7:30 PM
Top news
United States. CPI (YoY). The value of the indicator has increased from 2.7% to 2.9%
11 September
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
11 September
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
11 September
United States. Nonfarm Payrolls. The value of the indicator has decreased from 79K to 22K
5 September
United States. Unemployment Rate. The value of the indicator has increased from 4.2% to 4.3%
5 September
All news

Forecasts

GBPUSD buy
Period: 19.09.2025 Expectation: 950 pips
GBPUSD is correcting after testing resistance
Technical analysis Indicators and reports TA Other Indicators Fundamental analysis
Yesterday at 10:29 AM 109
Lyra_Moonwell1
Gold buy
Period: 31.12.2025 Expectation: 2400 pips
Buying gold from $3,450 support
FA Other Chart analysis
Yesterday at 09:29 AM 57
McCarthy_Raymond
AUDCAD buy
Period: 19.09.2025 Expectation: 1000 pips
AUDCAD poised for further gains after brief consolidation
FA Other Chart analysis Indicators
Yesterday at 08:42 AM 109
John_Bullard
S&P 500 sell
Period: 31.10.2025 Expectation: 6000 pips
Selling SPX prior to seasonal correction
FA Other Chart analysis
Yesterday at 08:27 AM 99
Bruce_Powers
Brent sell
Period: 19.09.2025 Expectation: 188 pips
Supply glut puts pressure on Brent prices
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Yesterday at 07:20 AM 112
Emily_Foster
Natural gas buy
Period: 18.09.2025 Expectation: 160 pips
Buying gas with $3.150 target amid completing correction
FA Other Technical analysis TA Other Indicators Fundamental analysis
11 September 2025 224
Lyra_Moonwell1
Go to forecasts