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S&P 500 Enters Correction Territory as Iran Conflict Drags Into Fourth Week: Key SPX Levels and What to Watch Now
The S&P 500 is now 6.8% below its January record high and the Nasdaq is just a hair away from official correction territory, as the Iran conflict enters its fourth week and oil prices surge 74% year to date.
S&P 500 Falls for Third Straight Week as Oil Shock and Iran Conflict Deepen
The S&P 500 has now fallen for three consecutive weeks and is closing in on its 200-day moving average, while oil prices remain nearly 45% above pre-conflict levels and volatility stays elevated.
S&P 500 Drops as Iran Conflict and Jobs Data Spark Stagflation Fears: Key SPX Levels to Watch Now
Last week’s perfect storm of rising oil prices, Iran conflict escalation, and a weak jobs report sent U.S. indexes falling for the second week in a row, the S&P 500 is now teetering on the edge of a potentially serious breakdown.
U.S. Stocks Slide Again as War Tensions Mount: Key SPX Levels Every Trader Must Watch This Week
U.S. stocks gave back most of last week’s gains as war tensions in Iran rattled futures markets heading into the new week, the next few sessions could be critical in determining the market’s direction for weeks to come. Here are the exact SPX levels you need to have on your radar right now.
S&P 500 Rebounds but Stays Range-Bound: Key SPX Levels and What to Watch This Week
The Nasdaq snapped a five-week losing streak and the S&P 500 Equal Weight Index just hit a new all-time high, but beneath the bounce, the SPX is still trapped in a 10-week range and Harry Boxer is watching one critical support level that could change everything.