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US Jobless claims fall but so does the Philadelphia index - Nasdaq futures hit again
The US data releases just now hitting the screens saw another great jobless claims number. Claims fell to just 201k. That was well below the forecast number of 225k. However, at the same time the latest Philadelphia Fed business index fell much more than expected, to -13.5. The markets were expecting -1. That compared to a previous reading of 12. That was a bad miss. The question right now; is which one of these two releases will have the greater impact. The US equity futures are certainly not rising following these releases. In fact, they are falling even more. The Nasdaq 100 future is now pricing a reopening below 14,775
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Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
