Friday’s S&P 500 index futures didn’t quite finish the week on a new extreme end, but the bulls were still able to hold the psychological 6300 line, for now.

Overnight, reports of tariffs potentially increasing for some countries, and a 35% levy coming for Canada gave bears the edge, quickly distancing the index futures from a high of 6330.25. After the bulls found initial support in the 6280’s, marching back into the 6300’s, bears came back to pressure the index futures to a low of 6276.75 in the early morning.

That level was where the bulls drew their line in the sand, as once the regular session started, a dip to that level was soon bought up. Though they didn’t make it into the green, the bids persisted throughout a choppy day, until the final hour. Reports of Trump weighing a new military aid package for Ukraine seemed to have bears in a short-lived frenzy, but the dip was swiftly bought up. Unfortunately, the final minutes had more sellers than buyers. The session closed just below the day’s midpoint at 6300, losing 24.25 handles. For the week, that still makes for a gain of 24 handles or 0.38%. 

Next week, market participants can look forward to a wave of earnings reports Tues-Fri along with the latest CPI and PPI data Tuesday and Wednesday. 

Among the top components, Alphabet Inc (NASDAQ: GOOGL) emerged as the biggest gainer, advancing $2.57, or 1.45%, to $180.19. 

That performance was nearly two percent better than the cash index’s decline of 0.35%. 

On the other hand, Meta Platforms Inc (NASDAQ: META) was the biggest loser, declining $9.73, or 1.34%, to close at $717.51.