Open account

Nasdaq Breaks a New Record after Ceasefire Extension – Dow Jones and US Stock Market Outlook

A short-term ceasefire extension eased geopolitical fears and prompted dip-buying that erased a selloff, pushing the Nasdaq to fresh all-time highs while the S&P 500 still grapples with a double-top. Technology-led buying is driving outperformance, spilling into crypto with Bitcoin rallying toward the $80,000 mark. The Dow is advancing but lacks conviction; key technical levels are highlighted for all three benchmarks (Dow, Nasdaq, S&P). Traders should expect elevated volatility ahead of potential diplomatic meetings and further confirmation of the ceasefire, with the path of least resistance biased higher for Nasdaq but the S&P needing to clear 7,138–7,150 to confirm a broader bullish resumption.

Category

Wall Street 30

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min