S&P 500 Hits Record High as Trump Pushes for Lower RatesSPX: S&P 500 Logs First Record of 2025 as Trump Pushes for Lower Interest Rates
The S&P 500 (SPX) has achieved its first record high of 2025, closing at 6,118.71, following a 0.5% gain in Thursday’s session. Investors appeared to respond positively to Donald Trump’s calls for lower interest rates “immediately,” despite the U.S. President having no direct authority over monetary policy. His statements, however, influenced market sentiment, pushing the index to new heights.
S&P 500 Technical Analysis
The S&P 500 has stabilized in the bullish zone after breaking a key resistance level. The price is likely to continue upward, targeting 6143 as the next milestone.
However, if the price closes a 4-hour candle below 6103, it could signal a bearish correction toward 6077 and 6051.
Key Levels
Pivot Point: 6105
Resistance Levels: 6143, 6180, 6205
Support Levels: 6077, 6051, 6020
Trend Outlook
Bullish: The trend remains upward as long as the price stays above 6103.
Bearish: A 4-hour close below 6103 could indicate a move lower.
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