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Equity snapshot (indices)

 

Today performance is mixed among global equities so far. Performance this week at a glance in chart & table -

S&P 500 -

  • US benchmark is trading in red today, facing concerns over rate hike by Federal Reserve. Index struggled to break above 2070 today, price might test support area once again today.

  • ADP employment change was smaller than expected at 189K, compared to prior 214K

  • MBA mortgage application grew by 4.6%

  • Markit manufacturing PMI came at 55.7, up from prior 55.1.

  • ISM manufacturing dropped to 51.5,from prior 52.9.

  • SPX500 is currently trading at 2059, down 0.35% for the day. Immediate support lies at 1980, 2040 and resistance 2082, 2120, 2164.

FTSE -

  • FTSE has been rising since morning from around 7450 level, however failed to gain above 6850 today.

  • UK manufacturing PMI rose to 54.4 from prior 54.1.

  • FTSE is currently trading at 6820, up 0.65% today. Immediate support lies at 6700 and resistance at 9665 and 7060.                                 

DAX -

  • DAX gained sharply from opening till the New York session, failed to raise above the resistance zone.

  • German manufacturing PMI rose to 52.8,up from prior 51.1.

  • Unemployment rate fell to 6.4%.

  • DAX is trading at 12012, down near 0.66% today. Immediate support lies at 11750, 11600 and resistance at 12080, 12200.

EuroStxx50 -

  • Stocks across Europe are in green today.
  • Germany is up (-0.50%), France's CAC40 is up (+0.63%), Italy's FTSE MIB is up (+0.81%) and Spain's IBEX is up (+0.50%).
  • EuroStxx50 is currently trading at 3717, up +0.70% today. Bias is upwards. Support lies at 3635, 3545.

Nikkei -

  • Nikkei is once again testing the support area today. Investors remain cautious over weaker data from Japan. PMI fell to 50.3 from prior 51.6

  • Nikkei is currently trading at 19150. Further losses might be on card. Immediate support lies at 18540 and resistance at 19,570, 19730, 19920.

S&P500

-0.08%

FTSE

-0.66%

DAX

+1.16%

EuroStxx50

+1.06%

Nikkei

-1.08%

 

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