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The S+P 500 got one step closer to the 6k handle yesterday. The index opened yesterday at record opening high at 5,864.89. It then rose to a new all time intraday high at 5,936.14. It subsequently closed at 5,929.04, with a massive 146.28 (2.53%) point gain on the session. An update here noted; that beyond the 6k level, a potential resting point could be around 6,600 in due course. We are not going to see that anytime in the next few days, but when considers the index gained nearly 150 points yesterday, perhaps it might not take that long? We shall on that. Meantime, the index future is still priced to reopen a little higher today, currently at around 5,940 and of course if seen, that would be another record kick-off
Data released earlier today showed the UK government missed its borrowing target last month and that has put a bit more pressure onto UK government...
As noted here much earlier this morning, there are no US economic releases due out today. There is one North American one of note though and that is...
Following on from recent updates looking at the US equity futures and the DAX after the opening, the German index has now crumbled again. It has now...
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