S&P500 INDEX / US Stock Futures Eye Recovery Amid AI Concerns
US Stocks Set to Rebound
US stock futures climbed higher on Tuesday, with S&P 500 futures rising by 0.4%, as markets sought to recover from Monday’s sharp sell-off.
The recent downturn was fueled by concerns over the US’s AI dominance amidst intensifying competition from China’s DeepSeek.
S&P 500 Technical Analysis The price is expected to maintain a bullish trajectory as long as it remains above 6020. It may test 6051, and if a 1-hour or 4-hour candle closes above 6051, it could drive the price higher toward 6077 and 6103.
For a bearish scenario, the price must close a 1-hour or 4-hour candle below 6020, potentially targeting 5995 and 5970.