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On Friday the US stock markets pushed to set new all time highs in the Dow Jones and the S+P 500. Meantime, there was nothing of the same for the Nasdaq 100, as it trailed its peers again. There will be more to add on that and the Dow later. So, the S+P 500 lifted above the previous all time high, at 6,025 and extended the move to a new record, at 6,044.17. The index later closed out the month, at 6,032.38. Naturally, that was a record close across all immediate timeframes. The reader is once again reminded of the longer term technical picture on this index which indicates the prospect of a measured move towards 6,600 over time. As you can see, the close on Friday has done nothing to detract from that potential. However, the price action overnight and so far this morning has seen the S+P futures slip back and currently indicate a reopening around 6,021
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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