The US 30 stock index remains volatile and may break above the resistance level, which could signal a reversal into an uptrend. The US 30 forecast for today is negative.
US initial jobless claims for the week ending 14 August 2025 fell to 224 thousand, slightly below the forecast of 225 thousand and notably lower than the previous reading of 227 thousand. The decline shows that the labour market remains resilient despite signs of economic slowdown. Jobless claims data indicates no sharp rise in unemployment and supports expectations of stable consumer activity.
For the US 30 index, the effect may be moderately positive. A strong labour market boosts investor confidence, especially in sectors driven by domestic demand. Consumer goods and services, retail, and financial companies could benefit, as steady employment supports household income and spending.
US Initial Jobless Claims: https://tradingeconomics.com/united-states/jobless-claimsThe US 30 index remains in a downtrend. The resistance level has formed at 45,065.0, with the support level at 43,305.0. Volatility remains elevated for the US 30. The price approached the resistance level but has yet to break above it. In this case, the trend could reverse upwards, with the price likely to reach a new all-time high.
The US 30 price forecast considers the following scenarios:
If a strong labour market is interpreted as a factor preventing the Federal Reserve from cutting rates quickly, this may restrain growth in capital-intensive sectors such as technology. Overall, the data reflects a balance: the labour market remains strong, supporting the economy and some stock market sectors, but investors remain cautious about future monetary policy. The next downside target could be 42,205.0.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.