Why does the Pam Bondi hearing matter for ^GSPC today?

Policy and legal headlines can change risk appetite fast. Pam Bondi’s DOJ hearing on the Epstein files increases Congress oversight odds, which can raise compliance costs and headline risk. That often pressures broad indices short term, then normalizes once details are clearer.

Which technical levels on ^GSPC are most important now?

Watch 6894 (50-day average) and 6866 (Bollinger middle) as near pivots. Resistance sits near 6980 to 7002. ATR at 59 implies wide swings, so set stops with room. A sustained move below 6752 would warn of a deeper pullback.

How should Indian investors adjust exposure on US-focused funds?

Use staggered entries, keep some cash, and lean on simple INR hedges or gold for buffers. Reduce concentration in compliance-sensitive sectors until Pam Bondi headlines settle. Review expense ratios and tracking error on feeder funds before adding risk.

Do model forecasts support a rebound this quarter?

The monthly and quarterly reference points are 6561.14 and 6718.03, while the yearly sits near 6994.31. That mix suggests a wide range with rebound potential, but headline risk can delay it. Wait for stronger breadth and a hold above the 50-day.

What could flip sentiment positive despite the DOJ hearing?

Clear, timely fixes to redactions, a predictable process for the Epstein files, and fewer surprise disclosures could calm markets. If Pam Bondi signals stable timelines and Congress oversight eases, risk appetite can improve, especially near support levels.

Law and Government

^GSPC Today: February 13 — Bondi Hearing Intensifies Oversight Risk

ByDanny Kontos February 13, 2026February 13, 2026

Pam Bondi is back in the headlines, and markets care. A heated DOJ hearing on the Epstein files has raised Congress oversight risk and stoked policy uncertainty. The ^GSPC trades at 6832.77, down 1.57% after opening at 6957.54, with a day range of 6824.04 to 6973.22. With the year high at 7002.28, investors in India should watch volatility and sector rotation tied to legal exposure and compliance costs. Sentiment can shift fast when policy risk meets earnings expectations.