US500S&P 500
7,408.5
-1.24%
SUPPORT:73797307
RESISTANCE:74507522
Past
What happened
S&P 500 closed Friday at 7,408.5, down 1.2% on the week after a hot 6% PPI print pulled yields to 4.59% and clipped the AI-led rally into the close.
Why
Why it matters
The market is now living trade-to-trade between AI capex enthusiasm and 'higher-for-longer' yield reality. Friday's reaction proved breadth still cracks when yields run — the AI names alone can't hold the index.
Watch
What to watch
Nvidia earnings Wednesday and Walmart Tuesday are this week's binary events; 7,379 is the support that needs to hold pre-print. A close below opens a deeper test of 7,307.
HEADLINES