S&P 500 Technical Outlook: Bears Challenge First Major Support

S&P 500 plummeted more than 10% off the record highs with price now testing the first major support zone. Here are the levels that matter on the SPX500 technical chart.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2G3LrKw
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No Respite for Euro as German Ifo Index Misses Expectations

Germany’s Ifo business climate index came in below economists’ forecasts in September, potentially adding further downside pressure on EUR/USD, which has been hit hard by US Dollar strength.

from DailyFX – Market News https://bit.ly/2FZKHpL
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Personal Income by State, 2nd Quarter 2020 and Year 2019

Personal Income by State, 2nd Quarter 2020 and Year 2019
State personal income increased 34.2 percent at an annual rate in the second quarter of 2020, an acceleration from the 4.1 percent increases in the first quarter. Personal income increased in every state and the District of Columbia ranging from 15.3 percent in the District of Columbia to 76.3 percent in Massachusetts. Full Text

Published September 24, 2020 at 08:30AM
Read more at bea.gov