Stocks on the 3rd are expected to stage a technical rebound, but upside is likely to remain limited amid strong concerns over higher crude oil prices. Market participants are closely watching intraday developments, with short-term movements expected to depend on trends in US-China relations and resource prices.
The market outlook for the 3rd points to signs of a technical rebound in stock prices, although persistently high crude oil prices are cited as a factor limiting upside.
Investors remain sensitive to daily news and changes in supply-demand conditions, and short-term movements are expected to vary depending on crude oil trends and developments in the US market.