The recent breakdown point at 24,180 serves as an immediate resistance, followed by the 100-day exponential moving average around 24,350. According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, a relief rally is possible if the index holds above 23,800. However, weakness will persist as long as it stays below 24,350.
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny
Wall Street’s main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate