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Yesterday the rise in the US stock markets following the Fed policy decision saw the S+P 500 index rise to a 4,245 ahead of the close. That high was just above the noted 200 day moving average, in place yesterday at 4,243. However, give or take a point or two that was not a conclusive break. In addition the index later failed to close above 4,243, when ending the session at 4,237. However, the S+P 500 futures have lifted above 4,250 earlier this morning and are right now pricing a reopening at above 4,243. So, it will be interesting to see where the index actually reopens at 1.30pm GMT today. The S+P 500 futures are currently pricing the reopening at around 4,248, as the European stock markets are about to reopen on the front foot shortly
The US stock markets have just taken another hit on breaking news just out. This comes from reports that Trump is to announce fresh trade tariffs as...
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