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US stock indices soften early as earnings season begins amid rising rates and geopolitical concerns.

Technical Signals
22 Jul 2026
FXEmpire
View Source
Neutral
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US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 showed slight pullbacks in early trading as the earnings season kicks off. The Nasdaq 100 faces resistance near its 50-day EMA and support around 28,500, while the Dow Jones hovers near key support at 52,000 and resistance at 53,000. The S&P 500 is consolidating near 7,490 within a rising wedge pattern, suggesting potential for a move higher but currently waiting on earnings results and market momentum. Rising interest rates and geopolitical tensions in the Middle East add uncertainty to market direction.

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