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European stocks still in the red- check out the CAC 40
Since the opening for the European stock markets today the price action across all three major indexes has mostly been southbound in terms of leading that, it is the CAC 40 that stands out the most. The DAX is still reeling from the technically negative close on Friday, when it posted an outside day reversal. The CAC has not been able to make it back above the 7,400 handle so far and remained camped for the most part below its 50 day moving average. The index closed on Friday at 7,409. That 50 day moving average is in place right now at 7,388. The low has been set earlier, at 7,344. The CAC 40 is currently trading at 7,351
Market News
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Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
