The S&P500 index SPX surged by +1.31% last week to close above 4400 resistance level. The index is showing that there's more potential is yet to come, to hit 4520 next.
The week ahead:
The week ahead:
- The meeting between US President Biden and China President Xi is the highlight; there is also US CPI and retail sales, the former being a key input into the Fed's policy deliberations; China activity data will also be released.
- Sectors that may witness higher volatility are; Big techs, EVs, Oil & Gas and Semiconductors stocks.
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