US Producer Inflation Below Expectations at 4.7% Year-on-Year
📊 SPX — Piyasa Yorumu
▲ up · 55%Producer inflation coming in below expectations signals easing inflationary pressures, which could support risk appetite. This may strengthen expectations that the Fed could slow the pace of interest rate hikes. Technically, the SPX is trading above its 20-day and 50-day moving averages, with the RSI in neutral territory. Although the MACD line is below the signal line, the price holding above the averages is positive. In the short term, an upward move is possible, but volume and broad market confirmation are important.
📊 NDX — Piyasa Yorumu
▲ up · 60%Producer inflation coming in below expectations signals easing inflationary pressures, which could strengthen expectations for interest rate cuts. This environment may prove favorable for the NDX index, which is heavily weighted toward growth-oriented technology stocks. Technical indicators also support this outlook; the RSI stands at 57.9 in neutral territory, the MACD is above its signal line, and the price is above both the 20-day and 50-day moving averages. While an upward move is possible in the short term, the impact of the news may be limited, so a moderate rise rather than a strong rally can be expected.