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Yesterday the S+P 500 managed to recover from an earlier session low at 5,446.53. The index bounced back to its opening highs, before later closing 14.61 points higher, at 5,475.09. So far today though, the index futures have been pricing a lower opening for this afternoon. At one stage that was below the lows seen yesterday, but it is off that low just now, as US yields slip ever so slightly and the dollar pares its earlier gains. Now, just after the opening today, there is one important US economic release that could have an impact on all the US stock market indexes. That is the latest JOLTS- Job openings numbers for May. The number of US jobs openings has falling consistently over the past few months. In April it was as 8.059 million. The forecast is for a further reduction in May, to around 7.946 million. This data will be released 30 minutes after the S+P 500 resumes live trading, at 2pm GMT. The index is just now priced to reopen at 5,451
The US JOLTS- Job openings report and latest Nationwide US consumer confidence index have now been released. As noted earlier, the markets were...
A little earlier this afternoon gold fell back to set a fresh session low at $3,300.64. That low came after the metal had peaked much earlier today at...
Following on from the previous update looking at the fall back in the USD/JPY, the US stock markets have now reopened for live trade and it has been a...
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