empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
20.07.2023 02:28 PM
How slump in US stock market may start?
Open trading account Open demo account

The US stock market reacted quite negatively to yesterday's and today's corporate reports, indicating that things are not as simple in companies as expected.

This image is no longer relevant

High interest rates are exerting significant pressure on corporate profits. In addition, the Federal Reserve is not planning to lower them anytime soon. At most, interest rates will remain at the current levels. A series of negative forecasts for the third quarter are likely to lead to a substantial correction in the technology sector, initiating a downturn. Traders have long been discussing overbought conditions in the market. However, one should keep in mind that no matter how high assets may rise, it is just the beginning. The fact is that this autumn, inflation is likely to be capped, which will allow central banks to low interest rates.

Premarketing session

Shares of Netflix, a streaming giant, dropped by more than 6% after the quarterly results were published. The company stated that it was still too early to assess the impact of its strict measures. In the last quarter, Netflix reported earnings of $3.29 per share on revenue of $8.19 billion. Analysts had predicted earnings of $2.86 per share and revenue of $8.3 billion.

IBM's shares fell by 0.9% after a release of a mixed earnings report for the second quarter. The company's revenue amounted to $15.48 billion, which failed to meet the forecast of $15.58 billion. IBM reported adjusted earnings of $2.18 per share, which exceeded the forecast of $2.01 per share.

Tesla's shares dropped by 3.78% after there was no significant reaction to the income report for the second quarter. Although the company announced a record high quarterly income, the operating margin also declined to 9.6%, the lowest level in the last five quarters due to price reductions and incentives.

United Airlines' stocks surged by 2.5% during the premarketing session after the company announced that its second-quarter profits and revenue exceeded expectations despite flight disruptions at its hub airport in Newark, New Jersey. The company reported earnings of $5.03 per share on total revenue of $14.18 billion. Analysts had expected earnings of $4.03 per share and revenue of $13.91 billion. The company also provided a stronger-than-expected forecast for the third quarter. Shares rose by 1.4% following the news.

Shares of Las Vegas Sands, a property developer, fell by nearly 3% despite the report being somewhat decent. Las Vegas Sands reported adjusted earnings of 46 cents per share on revenue of $2.54 billion in the second quarter. Analysts had expected earnings of 43 cents per share on revenue of $2.39 billion.

Stocks of the digital banking powerhouse, Discover Financial, took a tumultuous tumble of 13% after its second-quarter results failed to meet analysts' expectations. Discover Financial boasted profits of $3.54 per share on revenue totaling $3.88 billion in the second quarter. Yet, the watchful eyes of analysts had anticipated earnings of $3.67 per share and revenue matching exactly $3.88 billion. The company suspended its share buyback program.

Speaking of the technical picture of the S&P 500, demand for the index remains strong. Buyers have a chance to continue the uptrend, but they need to firmly establish themselves above $4,582. A surge to $4,609 could potentially occur from this level. Equally important for bulls will be to maintain control above $4,637, which would strengthen the bullish market sentiment.

However, in the event of a downward movement due to a decrease in risk appetite, buyers should become active near $4,557. A breakout at this level would quickly push the trading instrument back to $4,539, allowing it to hit $4,515.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
GBP/USD Analysis on June 19, 2025 The wave pattern for GBP/USD continues to indicate the formation of a bullish impulsive wave structure. The wave pattern is nearly identical to that of EUR/USD, since the U.S. dollar
Chin Zhao
20:20 2025-06-19 +02:00
1015
Wave analysis
EUR/USD Analysis on June 19, 2025 The wave pattern on the 4-hour EUR/USD chart continues to indicate the formation of an upward trend section. The transformation in the structure has occurred solely
Chin Zhao
20:16 2025-06-19 +02:00
1015
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Calm above, crisis below: markets weigh oil, inflation, and Middle East risks

The US stock market is showing mixed performance, reflecting investors' ambivalent outlook after the holiday break. In the latest trading session, the S&P 500 slipped 0.03%, while the Nasdaq rose
Anna Zotova 13:29 2025-06-19 UTC+2

Update on US market on June 19. Federal Reserve downgrades its economic outlook. Stock market awaits correction

S&P500 Snapshot of major US stock indices on Wednesday Dow -0.1%, NASDAQ +0.1%, S&P 500 -0.1%, the S&P 500 closed yesterday at 5,981 trading within the range of 5,600
Jozef Kovach 12:43 2025-06-19 UTC+2

Stock Market as of May 19th: S&P 500 and NASDAQ Decline After Fed Meeting

At the end of the previous regular session, U.S. stock indices closed mixed. The S&P 500 fell by 0.03%, while the Nasdaq 100 rose by 0.13%. The Dow Jones Industrial
Jakub Novak 10:54 2025-06-19 UTC+2

Stock Market on May 18th: S&P 500 and NASDAQ

At the close of the most recent regular session, U.S. stock indices ended in decline. The S&P 500 fell by 0.84%, while the Nasdaq 100 dropped by 0.91%
Jakub Novak 11:53 2025-06-18 UTC+2

All eyes on Powell, but geopolitics may steal spotlight

The market is at a standstill. With the Fed's decision looming and growing political pressure from two fronts — monetary and geopolitical — market participants are bracing for a sharp
Anna Zotova 11:27 2025-06-18 UTC+2

Playing on edge: can markets ignore geopolitics for another day?

The US stock market continues to disregard geopolitical realities. Indices have approached key levels and are ready for a breakout. The only question is, in which direction? If upcoming events
Anna Zotova 13:27 2025-06-17 UTC+2

Stock Market on May 17th: S&P 500 and NASDAQ

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.94%, while the Nasdaq 100 gained 1.55%. The Dow Jones Industrial Average
Jakub Novak 11:56 2025-06-17 UTC+2

Update on US stock market on June 17

S&P500 Snapshot of major US stock indices on Monday: Dow +0.8%, NASDAQ +1.5%, S&P 500 +0.9%, S&P 500 at 6,033 in an intraday range of 5,600 to 6,200. On Monday
Jozef Kovach 10:45 2025-06-17 UTC+2

Market on front line: inflation, missiles, and corporate reports: which will bring stock market down first?

The US stock market stands at a crossroads. It has shown strength by recovering from panic sell-offs but has yet to deliver a clear signal for a sustained trend
Anna Zotova 17:05 2025-06-16 UTC+2

US market amid Israel–Iran war

S&P 500 Overview on 16.06 US market amid the Israel–Iran war Key US indices on Friday: Dow -1.8%, Nasdaq -1.3%, S&P 500 -1.1%, S&P 500 at ,5977, range 5,600–6,200
Jozef Kovach 13:52 2025-06-16 UTC+2

Top analytics

EUR/USD Overview – June 18: Will the Fed Save the Dollar?
03:57 2025-06-18
Fundamental analysis
EUR/USD Forecast for June 18, 2025
05:49 2025-06-18
Technical analysis
Trading Recommendations and Analysis for GBP/USD on June 18: Pound Remains in a Flat Range
03:56 2025-06-18
Trading plan
Trading Recommendations and Analysis for EUR/USD on June 18: The Dollar Rises Paradoxically
03:56 2025-06-18
Trading plan
USD/JPY Forecast for June 18, 2025
04:58 2025-06-18
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.