S&P 500 DRAGGED LOWER BY TECH, PAYROLLS DISAPPOINT
Posted by Research Analyst in News on December 7, 2018S&P 500 futures are currently trading at 2677- lower by 0.64% as compared to the previous close. The index futures closed in Positive territory in the last trading session. Further back, the benchmark futures closed in the red in 3 out of the last 7 trading sessions. Stock index futures pared earlier losses on Friday after the release of weaker-than-expected employment data which eased some concerns about the Federal Reserve’s pace of rate increases. The
Read MoreDJ 30 CRASHED BY 2%- US-CHINA TENSIONS, EMPLOYMENT NUMBERS IN FOCUS
Posted by Research Analyst in News on December 6, 2018DJ 30 futures are currently trading at 24564- lower by 2.24% as compared to the previous close. The contract has been closing in negative territory since the last three trading sessions. In the cash markets, the DJIA was down 505 points at the time of writing. The benchmark has dropped more than 1300 points between Tuesday and Thursday. On Tuesday the index fell around 800 points. US Stocks fell sharply today as continuing fears over U.S.-China trade
Read MoreFTSE 100 WOBBLY ON BREXIT CONCERNS, SERVICES PMI
Posted by Research Analyst in News on December 5, 2018FTSE 100 futures are currently trading at 6951.5-higher by 0.23% as compared to the previous closing. The index futures have been closing in the negative territory since the last 5 trading sessions. In the cash markets, FTSE 100 was down 1.02% at the time of writing. The index was on track for its worst day since 22nd November. UK equities today dropped to their lowest in nine days taking their lead from Wall Street, amid
Read MoreNIKKEI 225 TARGETING MA20 ON PROFIT-TAKING IN CYCLICAL SHARES
Posted by Research Analyst in News on December 4, 2018Nikkei 225 futures are currently trading at 22075-lower by 2.19% as compared to the previous closing. The contract has been closing in negative territory since the last two trading sessions. In the cash markets, the Nikkei 225 fell 2.39% to close at 22,036.05 points on Tuesday. The index fell today as traders took profits on cyclical stocks that rallied on Monday, while falling U.S. bond yields pressured financial companies. The benchmark rose to a two-week
Read MoreWTI JUMPS 5% AS QATAR BREAKS AWAY OPEC, DEC. 6 MEETING IN FOCUS
Posted by Research Analyst in News on December 3, 2018WTI Crude futures are currently trading at $52.85-higher by 4.28% as compared to the previous closing. The contract gained more than 5% today after the U.S. and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the OPEC that is expected to cut supply. Brent crude futures were trading at $61.41-higher by 3.83% at the time of writing. Crude also received support from an announcement by
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