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Another day of new records as S+P 500 almost touches 5,000
Well, it almost got there, but despite coming within an inch of reaching 5000 for the first time ever, the S+P 500 just missed out. The index traded to reach a high at 4,999.89 yesterday. It later posted its highest ever daily close, at 4,995.06, which was a gain 40.83 points on the session. Overnight stocks in Asia are mostly higher, but with some divergence between Hong Kong and mainland China. The Nikkei 225 almost reached 37k for the first time since 1990. That positivity has helped to keep the S+P 500 futures from backing off much overnight. The index is currently priced to reopen around 4,996
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EUR/USD lifting off the lows as the final 4pm London fix of the month passes
It has been quite a messy afternoon across the major FX markets. That has seen a good deal of cross price action, especially in the EUR/GBP. At one...
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Dow Jones slides more than 600 points as White House tries to spin the positive
As expected the US stock markets slid into the opening and that has seen more than 2% falls for the Nasdaq 100 and the S+P 500. Meantime, the Dow...
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Dissecting the US data as US stock futures fall- check out the Nasdaq 100 futures right now
Following on from the previous update, noting the fall in US Q1 flash GDP at the same time as prices have risen, here is some more colour and opinion...
