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May 2, 2025

US Stock Indices Futures Recovering: Gold Finds Support Amid Market Shifts

In today’s Asian session, US stock index futures have bounced back from earlier losses. The S&P 500 and Nasdaq 100 E-mini futures initially dipped by 0.4% and 0.3%, respectively, following cautious guidance from major companies like Apple and Amazon, despite reporting strong Q1 earnings. Meanwhile, gold (XAU/USD) has found support at its 20-day moving average following recent losses. Traders should watch this market closely, as the interplay between stock indices and gold prices could demonstrate significant trends as the week progresses. Look for active trading opportunities amid these shifts.

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