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As expected the FTSE 100 comes out on top yesterday
An update here early yesterday morning suggested the lack of tech within the FTSE 100 should endorse its relative outperformance by the close of play. Well, that is exactly how it played out by the close. The FTSE 100 was the only major European index to not end the day in the red, albeit by the narrowest of margins- just 1 point. So, the index also managed to a forge a close back above 8,500, at 8,503.71. Since before the US close, the gains in the Dow Jones helped to lift the FTSE 100 futures, to price an effective opening for this morning at above 8,030. However, it has now pared that outlook and right now it is pricing the opening just below the 8,500 handle. There will be more to add in due course
Market News
All News-
Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
