Continue Reading
Full article on Yahoo Finance
Wall Street Hunts for Bottom as S&P Retests ‘Rock Solid’ Support
Market Intelligence Analysis
AI-Powered
Why This Matters
The S&P 500 is retesting its 'rock solid' support level, indicating a potential bottom in the market, but a failure to hold this level could shift sentiment to a more bearish tone.
Market Impact
Market impact analysis based on neutral sentiment with 60% confidence.
Sentiment
Neutral
AI Confidence
60%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
“If it was to fail now, that would be an indication that sentiment might be shifting more bearishly,” Colin Cieszynski, chief market strategist at SIA Wealth Management Inc., said by phone. While the S&P 500 once again held the line on Tuesday, closing up 0.1% at 6,843.22, it earlier fell to intraday low of 6,775.50.
Original article published by
Yahoo Finance
on February 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.