Stock Market Analysis October 2020 | S&P 500, Dow Jones, NASDAQ, FTSE

    Chỉ số dow jones

    The stock market in the US and the UK has been recovering in the last several months, but what does our technical analysis reveal for October? Are the uncertainties of the stimulus package in the US pulling the S&P 500, Dow Jones and NASDAQ down? Are tech stocks coming under fire? Is the FTSE going to react to Brexit and COVID developments in the country? Watch our stock market analysis and let us know in the comments what you think.
    The U.S. stock market rose on Wednesday, recovering most of from Tuesday’s slide, after President Donald Trump tweeted support for aid to airlines and other stimulus measures.
    The Dow Jones Industrial Average traded 356 points higher, or 1.3%. The S&P 500 climbed and Nasdaq Composite advanced 1.3% and 1.4%, respectively.
    In regular trading on Tuesday, the Dow Jones Industrial Average closed down 375 points after Trump tweeted the White House is halting talks with Democrats about a second coronavirus stimulus deal. Earlier in the session, stocks rallied in hopes that there would be a second relief package to prop up markets as the coronavirus outbreak continues.
    Federal Reserve Chairman Jerome Powell said Tuesday the economy needs more aggressive fiscal and monetary stimulus for an economic recovery that he said still has “a long way to go.”
    So what does all this mean for the stock market in October? Where are the S&P 500, Dow Jones, NASDA and FTSE headed? In this video we perform a stock market technical analysis for all four of these indices and identify their support and resistance levels, as well as their trends.
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