Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continue to Look for Gains

• Nasdaq 100 is recovering from Friday's selloff and expected to test recent highs, supported by declining U.S. interest rates
• S&P 500 targeting 7,500 level with potential to reach 7,700, with support established at 7,300 and the 50-day EMA providing a floor
• Dow Jones 30 consolidating around 51,000 level with anticipated move toward 51,600 and ultimately 52,000, with short-term pullbacks viewed as buying opportunities

Market Summary: US Indices Show Bullish Momentum on Rate Decline

Date: June 9, 2026

Key Market Movements

All three major US indices posted gains during Tuesday's trading session, supported by declining interest rates:

• Nasdaq 100: +1.18%
• Dow Jones 30: +0.96%
• S&P 500: +0.93%

Technical Analysis & Price Targets

Nasdaq 100: The index rebounded following Friday's sell-off, with analysts targeting the 30,000 level. Technical outlook remains bullish provided interest rates continue their downward trajectory, with potential to retest recent highs.

Dow Jones 30: Trading around the 51,000 level, the index is expected to challenge 51,600 (previous consolidation top) and potentially reach 52,000. Analysts recommend buying pullbacks as value opportunities.

S&P 500: Showing strong upward momentum with immediate target at $7,500. A breakout above this level could drive the index toward $7,600-$7,700. The $7,300 level, supported by the 50-day EMA, provides downside support.

Market Implications

The primary catalyst driving gains is declining US interest rates, which typically supports equity valuations, particularly for growth-oriented indices like the Nasdaq 100. Despite Friday's profit-taking, the overall technical picture remains constructive across all three indices.

The analysis suggests a continuation of the bullish trend, with each index maintaining defined support levels and clear upside targets. Risk appetite appears intact, positioning US equities for further gains in the near term.