🇺🇸📈 The American market has shown signs of rebound, with stocks holding ground despite shifting trade tides. Here are some key points to consider :

💓 S&P 500 Performance : The S&P 500 index pushed off support at the 200-day simple moving average (SMA) and is higher by more than 1% recently, indicating a potential rebound.

💓 Trade Relations : Trade relations between the US and China remain a key focus, with President Trump accusing China of violating trade agreements. However, markets appear to be taking this in stride, with a more muted reaction compared to last month.

💓 Economic Data : Economic data has been largely positive, with a cooler-than-expected Personal Consumption Expenditures (PCE) report and improved consumer confidence. The Atlanta Fed's GDPNow forecast for Q2 GDP was revised up to +3.8% from +2.2%.

💓 Market Outlook : Analysts forecast a "Neutral to Slightly Bearish" outlook for the next week, driven by continued consolidation of recent gains. The Federal Reserve's Federal Open Market Committee (FOMC) meeting next week may also impact market sentiment.

Some key market-moving catalysts to watch include :

🏅Economic Indicators :

- Factory Orders (June 3)

- ADP Employment Change, ISM Services, and MBA Mortgage Applications Index (June 4)

- Nonfarm Payrolls and Unemployment Rate (June 6)

🏅Earnings Reports:

- Ferguson Enterprises, Dollar General, NIO, and CrowdStrike Holdings (June 3)

- Dollar Tree, Webster Financial, and MongoDB (June 4)

- Broadcom, Lululemon Athletica, and Rubrik (June 5)

In terms of current market numbers, here are some recent figures :

- S&P 500 Index : 5917.20 (current price), -0.39% (percent change)

- Nasdaq Index : 21427.20 (current price), -0.42% (percent change) #MarketRebound