S&P/Nasdaq ATHs Amid Pullback Risks
Key Questions
What are the recent record levels for S&P and Nasdaq?
S&P reached 7126 and Nasdaq hit records amid ceasefire unwind. However, double-tops and futures dips signal caution. Transports are dipping, indicating potential overextension.
What risks are highlighted for potential market pullbacks?
Futures dips stem from Warsh comments and Fed hawkishness, alongside double-tops. Transports dip signals caution with noted overextension. Pullback risks are elevated short-term.
What are the short-term support levels for S&P and Nasdaq?
Short-term supports are at S&P 7109 and Nasdaq 26.2k. These levels follow recent ATHs amid volatility. Markets await further developments like Iran outcomes.
S&P 7126, Nasdaq records on ceasefire unwind, but double-tops, futures dips on Warsh/Fed hawkishness. Transports dip signaling caution; overextension noted. Short-term supports: S&P 7109, Nasdaq 26.2k.
Sources (2)
Updated Apr 24, 2026