BEAMSTART Logo

HomeNews

S&P 500, Magnificent 7 Hit Resistance: Analyst Warns Of More Pain Before Gain

Benzinga LogoBenzinga1d ago

S&P 500, Magnificent 7 Hit Resistance: Analyst Warns Of More Pain Before Gain - Benzinga

Quick Summary:

According to JPMorgan’s Jason Hunter, the S&P 500 and its heavyweight tech crew — the Magnificent Seven — are stuck below crucial resistance levels, raising the risk of a summer slump before any sustainable comeback.

S&P 500 Faces Key Resistance

Hunter flags the 5425-5650 zone as a brick wall for the S&P 500, noting that the index has already rejected that threshold in early-April and is still showing signs of fragility.

More Pictures

S&P 500, Magnificent 7 Hit Resistance: Analyst Warns Of More Pain Before Gain - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 14:54:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28208916

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 4 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "S&P 500, Magnificent 7 Hit Resistance: Analyst Warns Of More Pain Before Gain" has 578 words across 29 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "S&P 500, Magnificent 7 Hit Resistance: Analyst Warns Of More Pain Before Gain" was covered 1 days ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 4 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28208916
  • URL: https://pretty-looking.beamstart.com/news/sp-500-magnificent-7-hit-17455946761999

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.