Equity snapshot (indices)

Equities are all trading in green today, driven by encouraging words from ECB president Mario Draghi. Performance this week at a glance in chart & table -

S&P 500 -

• US benchmark jumped back from yesterday's loss as 2080 area provided interim support. S&P500 bounced back above 2100, now it is for the bulls to curve in a new high or keep struggling.
  
• Empire state manufacturing index dropped to -1.19 from 6.90 prior.
  
  
• Industrial production dropped -0.6%.
  
  
• NAHB housing market index improved to 56 from 52 prior.
  
  
• S&P 500 is currently trading at 2106, up 0.40% today. Immediate support lies at 1980, 2040 and resistance 2120, 2164.

FTSE -

• FTSE has broken above 7100 area, up 0.4% today. FTSE stands as best performer this week so far. Further rise might be on order, however profit bookings would keep hindering rapid rise.
  
  
• FTSE is currently trading at 7073. Important support lies at 6950, 6700.      

DAX -

• DAX is up today as ECB President Mario Draghi pledged to keep assistance in place.
  
  
• Index is trading at 12290, up nearly 0.5% today. Immediate support lies at 12000, 11830, 11750.

EuroStxx50 -

• Stocks across Europe are in green today as ECB kept monetary policy accommodative and have pledged to keep it so for the time being.

• Germany is up (+0.53%), France's CAC40 is up (+0.86%), Italy's FTSE MIB is up (+1.1%) and Spain's IBEX is up (+0.61%).

• Consumer prices in France remained flat y/y in Fenruary and grew 0.7% m/m.

• EuroStxx50 is currently trading at 3813, up 0.42% today. Broader trend remains upwards. Support lies at 3635, 3545.

Nikkei -

• Profit snapped back from two days of profit booking. Yen movement is not impacting the index much.

• Industrial production dropped -3.2% m/m in March and dropped -2% y/y.
  
  
• Nikkei is currently trading at 19900. Immediate support lies at 19630, 18540 and resistance at 20000, 20800.