#MarketRebound

The current market rebound is showing some signs of weakness. Despite potential progress in trade deals with countries like Japan and India, equity trading volumes are low compared to average trading volumes over the past three months, suggesting low conviction in the rebound. The S&P 500 and Nasdaq are experiencing volatility, with the S&P 500 down 3.45% and Nasdaq down 3.71% recently. Economic data, such as the April Flash Manufacturing PMI, may impact market expectations and reignite stagflation concerns. Investors are watching trade deal announcements and quarterly results, like Tesla's earnings, for market direction ¹ ² ³.